Yello, Paradisers! Are we about to witness a major reversal, or is #ENAUSDT gearing up for another leg down? Let’s break it down before the big move happens!
💎#ENAUSDT has been forming a falling wedge a classic bullish reversal pattern. The price has been consistently rejecting from the descending resistance while finding support at the lower boundary. But here’s the key part: price action is now testing a crucial support zone at $0.4690 an area where buyers have historically stepped in to push the market higher. This could be a major turning point.
💎If bulls take control and we see a breakout above the wedge resistance, it could trigger a strong rally. The first major target sits in the $0.8229–$0.8794 range, followed by a key resistance zone near $1.2690. With volume confirmation, this move could accelerate quickly, fueled by short squeezes and renewed bullish momentum.
💎On the flip side, if bulls fail to hold the support and the price breaks below, it could open the door for a deeper correction trapping late buyers and causing further liquidations.
This is not the time for emotional decisions. A big move is coming, but patience is key. Whether it’s a breakout or a breakdown, only a few traders will time it right.