#ENA LTF Analysis:
$ENA has broken out of a rounding bottom structure with strong momentum, reclaiming the key moving averages along the way. The breakout confirms a bullish shift in structure and suggests the recovery could continue.
As long as $ENA holds above the breakout area, the setup remains bullish and we could see another leg higher. A retest and hold of the breakout zone would provide further confirmation.
$ENA has broken out of a rounding bottom structure with strong momentum, reclaiming the key moving averages along the way. The breakout confirms a bullish shift in structure and suggests the recovery could continue.
As long as $ENA holds above the breakout area, the setup remains bullish and we could see another leg higher. A retest and hold of the breakout zone would provide further confirmation.
