Technical analysis by taika808 about Symbol ENA: Buy recommendation (7/16/2025)

ENA is demonstrating strength by trading above its weekly SMA-10, indicating underlying bullish momentum. Key Technical Levels: Current resistance: Green descending trendline around $0.38 Critical pivot: $0.5140 level Bullish Scenario: A break above the descending trendline could trigger significant upside momentum toward the $0.94 resistance zone. The projected path (pink arrow) suggests potential for substantial gains once this key barrier is cleared.