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Tealstreet
Apr 19, 2024 1:24 PM

Is Bottom In for $ENA? 

ENA / TetherUSBinance

Description

XETR:ENA dropped significantly by almost 47% from its local high

If we can hold .94 to .90 here (green box), more likely will retest 1.14 to 1.20 (.618 Fibonacci level)

Any strong rejection at this level is a SHORT opportunity targeting .70 area

Final target: .54 to .50 (if it gives)

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