🚀 $ENA is showing a potential technical setup!

The monthly timeframe reveals a completed long-term downtrend and the early stages of a rounding bottom reversal pattern.

📈 The Technical Setup:
• The Pattern: Rounding Bottom / Reversal
• Short-term Target: 1.0500
• Macro Objective: 1.4000
• Market Structure: Accumulation & Trend Reversal

🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.1000 - 0.1500
• Resistance: 1.0500
• Breakout Level: 0.2500
• Stop Loss / Invalidation: 0.0800

📊 Confirmation:
• Volume: Standard/Neutral
• Momentum: Building bullish strength on monthly candles
• Trend: Reversal phase confirmed by recent monthly price action

⚠️ Invalidation:
A monthly close below 0.0800 would invalidate this long-term bullish reversal structure.

ENA is showing signs of building a structural base on the monthly timeframe, suggesting a potential recovery towards higher resistance levels.

💎 Creator: NOUMAN_DON (@NOUMAN_DON)

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