Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
ENA Breaks Descending Pattern as Price Climbs to $0.2872 Within a Tight $0.2774–$0.2979 Range

ENA Breaks Descending Pattern as Price Climbs to $0.2872 Within a Tight $0.2774–$0.2979 Range

CryptonewslandCryptonewsland2025/12/02 21:00
By:by Francis E
  • ENA breaks a descending daily structure and trades near $0.2872 after a 2.7% 24-hour increase.
  • Strong support remains at $0.2774 as the price moves within a narrow $0.2774–$0.2979 range.
  • Resistance at $0.2979 forms the next key level as ENA holds above its breakout zone.

ENA shows renewed strength on the daily chart as the asset breaks out from a descending structure that formed through recent weeks. The price was trading near $0.2872 after a 2.7% increase in the past 24 hours. This shift follows a prolonged move within tightening boundaries, and the breakout occurs as the market tests defined support and resistance levels. The chart also shows a clear reaction around the lower region, and ENA continues to move within a narrow band that reflects its short-term conditions. These developments create a defined setup for the next sessions as the asset holds above key support.

ENA moves above the pattern’s upper boundary, and this aligns with the latest 24-hour increase. The asset trades at $0.2872, and this places it within reach of the immediate resistance at $0.2979. This movement follows consistent interaction with the lower green support zone near $0.2774. The breakout marks a shift within the established structure, and it introduces the next section focused on the defined short-term range.

Support at $0.2774 Holds as ENA Trades Within a Tight Range

ENA maintains support at $0.2774, and this area absorbs repeated interactions on the chart. The 24-hour range also sits between $0.2774 and $0.2979, which keeps price action compressed within a clear band. Notably, the asset gains 2.7% during this period, and the increase occurs near the lower half of the range. The market also tracks related metrics, including values of 0.053153 BTC and 0.00009544 ETH. These figures reflect how ENA trades against major assets during the latest session. This leads into the section covering key levels that shape the short-term outlook.

Key Levels Align With Short-Term Reaction Zones on the Chart

The chart highlights several dotted resistance lines above the current price, and these include the $0.2979 region. ENA approaches this level as it moves away from support. The structure also includes the next key zone at $0.3685, which sits well above the current range. However, the immediate focus remains on the band surrounding the breakout. ENA continues to respond to the nearby levels that shape the short-term movement as the market observes the developing structure.

0
0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

PENGU Price Forecast: Managing Immediate Market Fluctuations and Exploring Future AI Opportunities

- PENGU token's price fell to $0.01114 in Nov 2025, far below its 2024 peak of $0.068, amid regulatory and macroeconomic risks. - Short-term volatility is amplified by SEC ETF delays, $7.68M short positions, and susceptibility to broader crypto market downturns. - Long-term potential emerges through AI-driven features like dynamic staking and cross-chain interoperability, plus Schleich's physical collectible partnerships. - Pudgy Penguins' hybrid digital-physical model, including Walmart retail presence, d

Bitget-RWA2025/12/14 06:56
PENGU Price Forecast: Managing Immediate Market Fluctuations and Exploring Future AI Opportunities

The Rise of Dynamic Clean Energy Markets

- CleanTrade, CFTC-approved as a Swap Execution Facility (SEF), transformed clean energy markets into institutional-grade assets by standardizing VPPAs, PPAs, and RECs. - The platform addressed fragmented pricing and opaque risks, enabling $16B in transactions within two months and bridging renewable assets with institutional capital. - Institutional investors now use CleanTrade’s tools to hedge fossil fuel volatility and lock in renewable energy prices, mirroring traditional energy strategies. - Global cl

Bitget-RWA2025/12/14 06:36
The Rise of Dynamic Clean Energy Markets

COAI Token Fraud: Insights for Cryptocurrency Investors During Times of Regulatory Ambiguity

- COAI token's 88% collapse in late 2025 exposed systemic risks in AI-driven DeFi ecosystems, with $116.8M investor losses. - Governance flaws included 87.9% token concentration in ten wallets, untested AI stablecoins, and lack of open-source audits. - Panic selling accelerated by AI-generated misinformation and CEO resignation, amid conflicting global crypto regulations. - Lessons emphasize scrutinizing token distribution, demanding transparent audits, and avoiding jurisdictions with regulatory ambiguity.

Bitget-RWA2025/12/14 06:00
COAI Token Fraud: Insights for Cryptocurrency Investors During Times of Regulatory Ambiguity

Renewable Energy Training as a Key Investment to Meet Future Workforce Needs

- Farmingdale State College's Wind Turbine Technology program aligns with surging demand for skilled labor in decarbonizing economies, driven by U.S. renewable energy targets. - Industry partnerships with Orsted, GE Renewable Energy, and $500K in offshore wind funding validate the program's role in addressing workforce shortages in expanding wind sectors. - Hands-on training with GWO certifications and VR simulations prepares graduates for high-demand, high-salary roles ($56K-$67K annually), reducing corpo

Bitget-RWA2025/12/14 06:00
Renewable Energy Training as a Key Investment to Meet Future Workforce Needs
© 2025 Bitget