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🔷️ We talked about #ENA# when it was around $0.33. Since then, it has broken the downtrend and shown a notable upward move. Currently, it is trying to hold above a key support zone.
🟢 Supports: Green lines
🟡 Potential Resistances: Yellow lines (based on Fibonacci levels)
📊 Technical Indicators:
RSI (~50): In the neutral zone; not signaling overbought or oversold—suggests market indecision.
MACD (~-0.012): In the negative zone but recovering; buyers may start regaining strength.
ADX (~22): Below the 25 level; trend may be weakening, should be monitored closely.
EMAs: Trading just above the 20-day EMA, which acts as short-term support.
As long as the price remains above the current support, the resistance levels may be monitored technically.
⚠️ This content is not investment advice. Crypto assets carry high risk. Please do your own research before making any investment decisions.
#ENA# #Crypto # Altcoin #Bitcoin