ENA/USDT Daily Analysis – May 2, 2025

485
ENA/USDT
Pattern: Descending triangle or wedge-like structure
Momentum: Bullish bounce forming near key trendline support
Indicator: Bullish signals emerging on Prime Oscillator (green dot + rising histogram)

Key Levels:
Buy Zone: $0.295 – $0.311 (price currently in this zone)

Support Levels:

Major support: $0.280 – $0.295

Ultimate invalidation: $0.234

Resistance Levels:

First target: $0.375 (top of the wedge)

Major breakout target: $0.476 (supply zone overhead)

✅ Bullish Confluences:
Price holding above the ascending trendline.

ChartPrime Oscillator showing bullish signal (green dot and shift in momentum).

Price currently retesting the previous breakout structure, offering a potential re-entry.

⚠️ Risks:
If price breaks below $0.276, it could trigger a deeper correction.

Be cautious if Bitcoin weakens sharply.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.