ENA/USDT Market Update 📊
ENA is currently trading around the 0.1103 level after a strong downside move, where the price has successfully tapped into the channel low and tested the 0.1096 demand zone. This area is acting as a short-term support, showing signs of buyer interest.
RSI is now hovering near the oversold region (below 25), indicating that selling pressure may be exhausting. Additionally, a noticeable increase in trading volume suggests potential accumulation at these levels, which often precedes a short-term bullish reversal.
If the price sustains above the 0.1090–0.1100 support range with continued volume confirmation, a recovery move towards the next resistance zone becomes likely.
🔹 Support Zone: 0.1090 – 0.1100
🔹 Resistance: 0.1186
🔹 Prediction Target: 0.1200 – 0.1250
🔹 Invalidation (SL): Below 0.1070
A bullish bounce from the demand zone remains probable if market sentiment stabilizes and volume continues to support upward momentum.
⚠️ Always manage your risk accordingly.
#ENAUSDT🚨 #markeetupdate #BullishMomentum
