#ENA/USDT : Bullish Setup#ENA
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at 0.2346, representing a strong support point.
We have a trend of consolidation above the 100-period moving average.
Entry price: 0.2409
First target: 0.2440
Second target: 0.2520
Third target: 0.2630
Don't forget a simple money management rule:
Place your stop-loss order below the green support zone.
Once you reach the first target, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
Enausdtshort
ENA Coiling Up — Parabolic Rally or Pullback Ahead?$ENA/USDT Analysis:
Price is currently moving sideways, stuck between a clear support and resistance zone.
It’s been bouncing off the lower support zone and consistently facing rejection from the upper resistance zone.
A breakout above the resistance could trigger a strong upward move — possibly a parabolic rally.
On the flip side, if it breaks below the support zone, we could see a deeper correction.
Until then, it’s all about patience and watching for that breakout or breakdown confirmation.
DYOR, NFA
#ENA/USDT#ENA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.3430.
We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.3521
First target: 0.3608
Second target: 0.3728
Third target: 0.3882
#ENA/USDT#ENA
The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest.
We are seeing a rebound from the lower boundary of the descending channel, which is support at 0.2800.
We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend.
We are looking for stability above the 100 moving average.
Entry price: 0.2935
First target: 0.3020
Second target: 0.3100
Third target: 0.3200
ENAUSDT — Double Top Breakdown: Is a Bigger Drop Coming?Yello, Paradisers! Have you spotted the double top pattern on #ENAUSDT? Let’s break it all down clearly.
💎#ENA is showing a double top breakout, which is a strong bearish signal. The price recently broke below the support neckline and is now retesting that same level, which has turned into a resistance zone around $0.85 to $0.91. This area is key. If the price gets rejected here, it’s likely to continue its downward move toward the next support at $0.68. There’s even a chance it could drop lower into a stronger support zone if the selling pressure increases.
💎However, if ENA manages to reclaim this resistance zone, the price could push higher and target the supply zone between $1 and $1.08. In this case, it would grab liquidity before continuing its downward trend. Keep in mind that this move wouldn’t necessarily signal a full reversal — it could just be a temporary bounce.
💎The key level to watch for bearish invalidation is $1.08. If we see a daily close above $1.08, it would suggest that the bearish structure has broken and the price could shift back into a bullish trend.
Remember, consistency is what separates successful traders from the rest. Stay focused, Paradisers.
MyCryptoParadise
iFeel the success🌴




