ENA / TetherUSLong
ENAUSDT – Massive Breakout Incoming?
Yello, Paradisers! Are we about to witness a major reversal, or is #ENAUSDT gearing up for another leg down? Let’s break it down before the big move happens!
💎#ENAUSDT has been forming a falling wedge a classic bullish reversal pattern. The price has been consistently rejecting from the descending resistance while finding support at the lower boundary. But here’s the key part: price action is now testing a crucial support zone at $0.4690 an area where buyers have historically stepped in to push the market higher. This could be a major turning point.
💎If bulls take control and we see a breakout above the wedge resistance, it could trigger a strong rally. The first major target sits in the $0.8229–$0.8794 range, followed by a key resistance zone near $1.2690. With volume confirmation, this move could accelerate quickly, fueled by short squeezes and renewed bullish momentum.
💎On the flip side, if bulls fail to hold the support and the price breaks below, it could open the door for a deeper correction trapping late buyers and causing further liquidations.
This is not the time for emotional decisions. A big move is coming, but patience is key. Whether it’s a breakout or a breakdown, only a few traders will time it right.
MyCryptoParadise
iFeel the success🌴
💎#ENAUSDT has been forming a falling wedge a classic bullish reversal pattern. The price has been consistently rejecting from the descending resistance while finding support at the lower boundary. But here’s the key part: price action is now testing a crucial support zone at $0.4690 an area where buyers have historically stepped in to push the market higher. This could be a major turning point.
💎If bulls take control and we see a breakout above the wedge resistance, it could trigger a strong rally. The first major target sits in the $0.8229–$0.8794 range, followed by a key resistance zone near $1.2690. With volume confirmation, this move could accelerate quickly, fueled by short squeezes and renewed bullish momentum.
💎On the flip side, if bulls fail to hold the support and the price breaks below, it could open the door for a deeper correction trapping late buyers and causing further liquidations.
This is not the time for emotional decisions. A big move is coming, but patience is key. Whether it’s a breakout or a breakdown, only a few traders will time it right.
MyCryptoParadise
iFeel the success🌴
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Do you Want to start trading like a PRO?
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.