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🔥 The expected path for the pair #ENAUSDT on the 30-minute frame 🔥
Is it time for a deep correction? 🤔
✨ It seems that the price is approaching the completion of the upward wave (1)/(A), which is part of a broader bullish structure - especially after nearing the second target level, which is a potential reversal area that could lead to a break 🔨 of a key level, indicating the possibility of a corrective movement.〽️
📉 The expected correction may reach levels of 0.3968 - 0.3840 🎯, which correspond to Fibonacci retracement levels of 50%-61.8%.
⚡️If the price reaches these levels, it is important to look for a bullish reversal, accompanied by a clear corrective pattern, to strengthen the bullish outlook 📈. 🏹 If this scenario plays out, a strong breakout above the key level will confirm the continuation of the bullish trend.
❌ Invalidating the bullish scenario: A break below 0.3458 will completely invalidate the bullish scenario.
#ENA
$ENA
#GateVaultIsLive
#CryptoMarketRebound