ENA has been under selling pressure for several weeks, but price is now approaching a key breakout level from the downtrend line.
Breakout entry: above the trendline
Target zone: $0.8745 – $0.9070 (+55%)
Risk: limited if the breakout fails
R/R ratio: highly favorable
If the breakout is confirmed with volume, a strong move toward the target zone becomes very likely.
DYOR and NFA
Follow on X - for more details!
Breakout entry: above the trendline
Target zone: $0.8745 – $0.9070 (+55%)
Risk: limited if the breakout fails
R/R ratio: highly favorable
If the breakout is confirmed with volume, a strong move toward the target zone becomes very likely.
DYOR and NFA
Follow on X - for more details!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.