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ENA Breaks $0.70 With Targets at $1.50 and $2.19 in Sight

ENA Breaks $0.70 With Targets at $1.50 and $2.19 in Sight

Cryptonewsland2025/08/12 05:20
By: by Yusuf Islam
BTC+0.37%ENA+4.26%
  • ENA closed above $0.70 and now targets $0.9562 $1.10 and $1.2846 as next resistance levels.
  • Breaking $1.50 could push ENA toward $1.7688 and the $2.1997 target in the current outlook.
  • Holding $0.70 support is key to sustaining momentum toward $2.19 and possibly $2.50.

ENA has successfully broken above the $0.70 resistance and closed the session higher, signaling a strong technical shift toward $2.19. The breakout follows a sharp short-term rise, with price action currently holding at $0.7729. This move places ENA in a position to pursue higher resistance levels that have not been tested in months.

#ENA
Güncel görünüm.

Dostlar 0.7$direnci üzerine çıkıp gün kapanışı da yapmayı başardı.

Şuana kadar kısa vade için mükemmel bir yükseliş yakaladık ve planımız tıkır tıkır işliyor.

Bu direnç üzerinde tutunduğu sürece grafikte belirttiğim üst seviyeleri hedefleyecektir.… https://t.co/cPSougjCiC pic.twitter.com/7EbE1AA6Gr

Bitcoin Meraklısı (@Bitcoinmeraklsi) August 10, 2025

Breakout Above $0.70 Marks a Turning Point

The ENA/USDT daily chart reveals a significant technical development as the price pushed decisively above the $0.6998 resistance zone. This level had been a cap on market advances, with repeated rejections keeping the token in a lower trading range. The ability to close firmly above it now signals clear buying control.

The breakout was backed by rising trading volume, showing increased participation from both short-term traders and longer-term holders. Volume confirmation is often a key element in determining whether a breakout can hold, and ENA’s current trend has met this condition.

The move also completes a breakout from a prolonged descending trendline that had been active since late 2024. Breaking this trendline reverses a multi-month bearish bias and introduces the potential for a sustained uptrend in the weeks ahead.

Key Resistance Levels in Focus

Following the $0.70 breakout, the next immediate technical target is $0.9562, a level that may test current momentum strength. If buying pressure continues, the market will turn its attention to $1.10 and $1.2846. These are historically reactive zones where sellers have previously regained control.

Beyond this, the $1.50 mark is a mid-tier target that could act as a gateway to higher objectives. The $1.7688 level, positioned just below the key $2.1997 target, is a critical stage in the projected upward path. This final target sits just short of the $2.50 major resistance, which represents the extended bullish ceiling in the present analysis.

The chart provides a clear stair-step sequence of price points that will define the strength and duration of the bullish phase. If ENA can maintain steady climbs between these zones, the probability of reaching $2.19 will rise significantly.

Holding Above Support is Critical for Bullish Continuation

Maintaining price action above $0.70 is now the central focus for sustaining this trend. This level has shifted from a resistance barrier into a foundational support. Holding above it will confirm that buyers are defending their ground, preventing a slide back into the previous consolidation range.

Secondary support at $0.50 adds another layer of protection for the bullish structure. A failure to hold above this level could reintroduce bearish pressure, potentially leading to retests of deeper supports at $0.35 or lower.

The broader market context adds weight to this breakout, as ENA’s surge has come after an extended wedge formation that compressed price movements for months. The resolution of this pattern through an upside break suggests that the current trend is not only reactionary but also structurally supported.

With volume increasing, trendlines broken, and targets mapped, the question facing market participants is whether ENA can maintain its bullish momentum long enough to reach $2.19 and approach the $2.50 ceiling without significant retracement.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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