I'm looking at $ENA /USDT around 0.1406, with price sitting just above the visible MA60 at 0.1405. The recent move pushed up from roughly 0.1397–0.1400 and reached 0.1408, but price has pulled back slightly from that local high.
For me, 0.1405–0.1406 is the key area right now. I'd like to see price hold above the MA60 and then reclaim 0.1408 with some follow-through. The recent volume spike is visible, which makes the reaction around this level worth watching.
📍 Entry: 0.1405–0.1406
🎯 TP1: 0.1408
🎯 TP2: 0.1577 (24h high; much more ambitious)
🛑 Invalidation: 0.1400
If price loses 0.1400, I'd step away from this setup because that would put price back below the recent consolidation area and weaken the short-term bullish idea.
I wouldn't chase the move here. I'd rather see a clean hold around 0.1405 and confirmation above 0.1408 before considering the setup attractive.
For me, 0.1405–0.1406 is the key area right now. I'd like to see price hold above the MA60 and then reclaim 0.1408 with some follow-through. The recent volume spike is visible, which makes the reaction around this level worth watching.
📍 Entry: 0.1405–0.1406
🎯 TP1: 0.1408
🎯 TP2: 0.1577 (24h high; much more ambitious)
🛑 Invalidation: 0.1400
If price loses 0.1400, I'd step away from this setup because that would put price back below the recent consolidation area and weaken the short-term bullish idea.
I wouldn't chase the move here. I'd rather see a clean hold around 0.1405 and confirmation above 0.1408 before considering the setup attractive.
