ENA has cleanly rebounded from its structural support at $0.24–$0.22, a zone that has historically defined trend inflection. As long as price holds above this base, the bullish probability sharply increases, with a potential multi-fold expansion ahead.
Accumulation Zone: $0.28–$0.24
Targets: $0.50 / $0.80 / $1.34 / $3 / $5
Invalidation: HTF close below $0.19
Notably, ENA has now completed a full 0.0 Fibonacci retracement, an event that rarely occurs and often precedes a fresh all-time high breakout in structurally strong assets.
$0.50–$0.80 remain conservative upside targets; the higher projections depend on investor risk profile and time horizon.
Risk remains limited, while the asymmetry is exceptionally high.
NFA & DYOR
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Twitter: twitter.com/CryptoPatel
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Telegram: t.me/OfficialCryptoPatel
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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.
