ENA Coin Price Analysis: Can It Break Out or Face Further Decline?

• ENA Coin’s long-term spot buy zones identified: $1.069, $0.966, and $0.861.
• Spot investments can be made with a stop-loss below $0.85 if ENA Coin falls to these zones.
• ENA Coin’s downtrend likely to continue towards support ranges unless it closes above $1.36 on the 4-hour chart.

Dive into ENA Coin’s technical analysis to gain insights into potential price movements, long-term investment opportunities, and key support and resistance levels.

ENA Coin’s Critical Support Zones: A Long-Term Perspective

Analysts have identified three crucial support zones for long-term spot buys in ENA Coin: $1.069, $0.966, and $0.861. If ENA Coin declines to these zones, spot investments can be made using a stop-loss below $0.85.

Identifying Potential Downtrend Continuation

ENA Coin is expected to continue its downtrend towards its support ranges at $1.069 – $0.966 – $0.861 unless it closes above $1.36 on the 4-hour chart.

Partial Investments and Potential Breakout

Investors can consider making partial investments with 2% of their portfolio in each of the designated support zones. If ENA Coin initiates an uptrend from these support levels, the target price is set at $1.65.

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