The ENA market is continuing to heat up, with a rise of three points, and it is even expected to break through 20%. The current price is approaching the previous high point, forming a new resistance level. Investors face two choices: one is to consider pullback operations, and the other is to patiently wait for a breakthrough. It is recommended to follow the 0.76-0.8 range to find suitable trading opportunities.



Investors who entered the market earlier around 0.49 have reached the first target level. However, as the price approaches the previous high again, market sentiment has become cautious. In this situation, it is advisable to moderately reduce positions and use the first target level as a defensive point.

It is worth noting that if the price falls below 0.54, it may trigger a pullback. At this time, investors should consider closing positions and observing, while looking towards the 0.45 level for new entry opportunities.

The market is constantly changing, and investors need to remain calm and flexible. At this stage, it's important to keep an open mind towards potential rises while also being prepared for possible pullbacks. By combining technical analysis with market sentiment and adjusting strategies in a timely manner, one can seize opportunities and mitigate risks during this market trend.
ENA12.36%
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HodlNerdvip
· 6h ago
statistically speaking, 0.54 is a fascinating fibonacci level... the market psychology here matches perfectly with my accumulation phase thesis
Reply0
ThreeHornBlastsvip
· 9h ago
0.54 This line being held is everyone's main battlefield.
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GasWhisperervip
· 08-05 17:51
mempool says 0.76 resistance like poetry... reading those gas patterns, feels like we're in for a juicy breakout szn tbh
Reply0
ChainWatchervip
· 08-05 03:54
Longer is strong, I did it.
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VitaliksTwinvip
· 08-05 03:54
Are you drawing BTC again?
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0xSherlockvip
· 08-05 03:51
Buy the dip in a bear market
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RektButSmilingvip
· 08-05 03:31
Anyway, 0.45 has already leveled off.
View OriginalReply0
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