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ENAUSDt technical analysis update
ENA is breaking the resistance trendline after 20 days of consolidation on the 4H chart. We can expect a strong bullish move from the current level, as the price is trading above the 100 EMA.
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Hexa
#ENA
The price is moving in a descending channel on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the 100 moving average
We have an upward trend on the RSI indicator
We have a major support area in green at a price of 0.220
Entry price 0.240
First target 0.288
Second target 0.320
Third target 0.358
ENA ~ 12H
#ENA Successfully broke through the resistance of this descending pattern.
Buy in stages. bulls will continue to push the price as long as it is above this resistance.
