ENAUSDT Is the Bullish Flag About to Break or Collapse?Yello, Paradisers! Could this be the moment #ENAUSDT finally confirms its bullish flag breakout? Let’s dive into the critical levels and what they mean for ENA's next move.
💎#ENA is currently respecting its key support levels, forming a potential bullish flag pattern. If this breakout materializes, we could see ENA resuming its upward momentum, with the **major resistance zone** as the primary target. This is where the highest probability for a significant reaction lies.
💎However, if ENA fails to break the pattern, there’s a strong possibility it may revisit the $0.50 support zone or even drop toward the previous higher high at $0.462. This move could aim to collect liquidity for a potential rebound. If support holds, a bounce-back could push ENA upward, with another attempt to break the bullish flag pattern on the table.
💎That said, bullish invalidation comes into play if ENA closes below the demand zone on the daily timeframe. A daily close beneath this level would indicate a trend shift to bearish territory, paving the way for deeper downward movement.
🎖Paradisers, this is a moment to stay patient and let the market show its hand. Protect your capital and wait for confirmation before making your move. Consistency and discipline are your greatest trading tools!
MyCryptoParadise
iFeel the success🌴
Enausdtidea
Is ENAUSDT About to Skyrocket or Fake You Out? Yello Paradisers ! Is #ENAUSDT finally ready to reverse its trend, or is this just a trap for unsuspecting traders? Let's dive into what we see in the charts and break down the key zones for you!
💎#ENAUSDT has been in a clear downtrend for several days, forming lower lows and lower highs on the lower time frames. It has been consistently trading within a descending resistance trendline, but there’s a critical shift: a breakout and retest of this trendline have recently taken place, along with a liquidity sweep that perfectly tapped into a major demand zone.
💎Now, the pair has managed to reclaim a previous support zone and is holding just above it. This change in behavior signals a potential bottoming formation, especially as we see the RSI showing signs of exhaustion. On top of that, a bullish divergence is building up, adding more weight to the case for a probable reversal.
💎The pair now has probability upside move towards the resistance zone at 0.3121, and if accumulation continues with strong buying volume, we could see a push towards the next resistances at 0.3388 and 0.3740. Keep a close watch on how it behaves around these levels, as they could define the next trend move.
💎However, don’t let your guard down! The trend setup will be invalidated if we see a 4-hour candle closing below the demand zone at 0.2563. Such a move would suggest that sellers are still in control, and this potential reversal could turn into a bear trap.
Stay sharp, Paradisers! Will this be a breakout or a fake-out? Only time—and disciplined trading—will tell!
MyCryptoParadise
iFeel the success🌴
ENAUSDTGood Luck >>
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#ENA/USDT#ENA
The price is moving in a descending channel on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the 100 moving average
We have an upward trend on the RSI indicator
We have a major support area in green at a price of 0.220
Entry price 0.240
First target 0.288
Second target 0.320
Third target 0.358