Pair: $ENA

Current Price: ~$0.0920
24h Change: +1.32% | Range: 5.61% (high $0.0943 / low $0.0795)
Trend / Setup: Bullish short-term structure but still below key resistance. Price is holding above MA7 ($0.0837) – a strong bullish signal – while slightly below MA25 ($0.0948), which is acting as immediate resistance. MA99 remains far above at $0.1386, keeping the higher timeframe bearish. The 24h range reflects a strong recovery from $0.0795 to $0.0943, with price consolidating near highs. Funding is slightly positive at +0.005% (neutral), while volume is very high. The +15.43% move confirms strong buying pressure.
🔸 Entry Zone (Long - preferred): $0.0890 - $0.0905 (on a pullback / support retest)
🔸 Stop Loss: $0.0865 (below recent support)
Targets:
🔸 TP1: $0.0940 (24h high area)
🔸 TP2: $0.0965
🔸 TP3: $0.1000 (psychological level)
Alternative Short Setup (conservative): Only if price rejects strongly at $0.0945 - $0.0950 with high volume, then a short scalp toward $0.0910 and $0.0890. SL above $0.0965. Not preferred due to strong bullish momentum.
Key Insight: ENA has surged +15.43% from the recent low at $0.0795, showing clear buyer dominance. Holding above MA7 ($0.0837) keeps the short-term trend bullish, but MA25 ($0.0948) is the key level to break. A confirmed breakout above this resistance could trigger continuation toward $0.0965 and the psychological $0.10 level. If rejection occurs, expect a pullback, but overall structure favors long entries on dips. Funding remains neutral, reducing the likelihood of a squeeze-driven move.
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