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Technical analysis by RLinda about Symbol ENA: Buy recommendation (9/4/2025)

https://sahmeto.com/message/3753037
RLinda
RLinda
Rank: 48
3.9
Buy،Technical،RLinda

ENAUSDT is forming an attempt to change the trend. The price breaks the descending resistance and forms a new trading range. The focus on the 0.7 support and the bulls' reaction... Bitcoin looks quite positive after breaking the downside resistance, but there is a strong 112K zone ahead and news on Thursday / Friday. If the general backdrop maintains its bullishness, BTC's rise will support strong altcoins and the market could turn green, including the coin discussed in this publication... ENAUSDT breaks through the downtrend resistance. Price is consolidating above the boundary and forming a trading range. The focus is on the 0.7 - 0.683 area. If the bulls keep the price above this area, it will confirm the fact of trend change, which could trigger a rally to 0.7745 - 0.853 Support levels: 0.7, 0.683, 0.668 Resistance levels: 0.736, 0.7745 Technically, there is a possible struggle between market participants for the area 0.7 - 0.668. In this case, I will not consider the return to the channel as a false breakout of the trend, as a strong upward impulse was formed earlier, which generally broke the local market structure. However, based on the technical situation, I will consider entering the position after clear signs of price holding above the key support zone. Regards R. Linda!

Translated from: English
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Signal Type: Buy
Time Frame:
2 ساعت
Price at Publish Time:
$0.70505
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