ENAUSDT on the 1H chart is forming a falling wedge pattern, which is typically a bullish reversal signal. After a consistent downtrend, the price is now testing the upper wedge resistance.
A breakout above this level could confirm bullish momentum, with potential upside toward the 0.85 USDT target zone.
Resistance 1:0.72
Resistance 2:0.79
Resistance 3:0.85
Stop loss: $0.615
Cheers
Hexa
A breakout above this level could confirm bullish momentum, with potential upside toward the 0.85 USDT target zone.
Resistance 1:0.72
Resistance 2:0.79
Resistance 3:0.85
Stop loss: $0.615
Cheers
Hexa
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.