ENAUSDT Is the Bullish Flag About to Break or Collapse?

21 Kas

Yello, Paradisers! Could this be the moment #ENAUSDT finally confirms its bullish flag breakout? Let’s dive into the critical levels and what they mean for ENA's next move.

💎#ENA is currently respecting its key support levels, forming a potential bullish flag pattern. If this breakout materializes, we could see ENA resuming its upward momentum, with the **major resistance zone** as the primary target. This is where the highest probability for a significant reaction lies.

💎However, if ENA fails to break the pattern, there’s a strong possibility it may revisit the $0.50 support zone or even drop toward the previous higher high at $0.462. This move could aim to collect liquidity for a potential rebound. If support holds, a bounce-back could push ENA upward, with another attempt to break the bullish flag pattern on the table.

💎That said, bullish invalidation comes into play if ENA closes below the demand zone on the daily timeframe. A daily close beneath this level would indicate a trend shift to bearish territory, paving the way for deeper downward movement.

🎖Paradisers, this is a moment to stay patient and let the market show its hand. Protect your capital and wait for confirmation before making your move. Consistency and discipline are your greatest trading tools!

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💎Nailed it again - #ENAUSDT is up 54.23%, right on cue!