ENA/USDT Ready to Upward move toward $2.5 ( 200% )ENA/USDT Chart Analysis Update
XETR:ENA has just made a significant move, breaking through the resistance line of a bullish flag pattern. This breakout is a crucial indicator of potential upward momentum in the near future.
Breakout Point: $0.89 ✅
We're now watching closely for a retest of the breakout level to confirm the strength of this move. If the retest is successful, we anticipate further bullish activity.
Target: $2.50
This target is set based on the dimensions of the bull flag pattern, projecting substantial growth.
Stop Loss: $0.78
To manage risk effectively, a stop loss has been set just below the recent support level.