๐Ÿ”ท๏ธ Five days ago, when #ENA was at $0.33, we noted and highlighted its breakout from the descending wedge. Since then, it has climbed to $0.39, successfully reaching its first resistance level. Additional potential resistance points lie along the yellow trendlines on our chart.

๐Ÿ” Technical Outlook:

The falling wedge breakout remains intact and validated. The key resistance zone around $0.39โ€“$0.40 must now hold. Sustained moves above this could trigger momentum towards the next levels indicated by those yellow lines.

๐Ÿ“Œ This is not investment advice. Always evaluate trades based on your own risk profile and analysis.

#crypto #ena #ethena #technicalanalysis #blockchain #altseason #cryptonews