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According to the latest market data, the price movement of the ENA Token closely aligns with the Fibonacci price channel. Recently, after the ENA price pulled back to around 0.438 support level (corresponding to the Fibonacci 0.236 retracement level), it launched a strong rebound, approaching the 0.637 resistance level (corresponding to the Fibonacci 0.382 level).
The current upward trend is nearing its end, and investors may consider taking profits at an opportune time. However, even if they missed this round of gains, investors need not be overly concerned. In the long term, ENA still has about a 100% growth potential to its historical high.
It is worth noting that the cryptocurrency market is highly volatile, and investors should carefully assess risks before making any decisions, taking into account their own investment strategies and risk tolerance. In addition, market conditions change rapidly, and it is advisable for investors to continuously monitor the latest developments and adjust their investment strategies in a timely manner.