It highlights that the price was in a decent uptrend, but got a pause at a higher level and attempted to make a possible pullback before resuming the major bullish trend.
Therefore, if the demand increases, the ENT asset price could bounce back from the current level. The next goal for the price is to reach $0.00800 and the primary resistance would be $0.00700.
However, if the crypto price fails to stay above the $0.00500 level, it could decline further.
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