$ENA price action screams for a near-term pullback, but where will it find support?
We're anticipating a short-term reversal to the 0.0702 support level, setting up a potential long entry at 0.0850. If this plays out, our target is the 0.0915 resistance level.
Key levels: 0.0702, 0.0915. Trend: bullish. Momentum: positive.
A daily close above 0.0915 invalidates this setup, while a close below 0.0702 would suggest a deeper correction.
Are you positioning for a short-term pullback on $ENA?
#MarketAnalysis
We're anticipating a short-term reversal to the 0.0702 support level, setting up a potential long entry at 0.0850. If this plays out, our target is the 0.0915 resistance level.
Key levels: 0.0702, 0.0915. Trend: bullish. Momentum: positive.
A daily close above 0.0915 invalidates this setup, while a close below 0.0702 would suggest a deeper correction.
Are you positioning for a short-term pullback on $ENA?
#MarketAnalysis
