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{spot}(ENJUSDT)
Action:
Traders could consider entering long positions if the price sustains above $0.2950 with increased volume.
A break above the key resistance of $0.3139 could lead to further upward movement, targeting $0.35.
However, if the price fails to hold above the $0.2569 support, a pullback to $0.25 or lower is possible.
Support and Resistance Levels:
Immediate Support: $0.2569 – This is a recent consolidation area that could act as a safety net for the price.
Key Resistance: $0.3139 – The intraday high; breaking this level could push the price toward higher targets.
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