ethena
7.8M views
3,148 Discussing
Hot
Latest
Do you remember, fam?? Yesterday I shared a long position on $ENA and told you clearly that a recovery was building. Did you take the entry when I alerted you?? Even if you missed the first call, no worries — the chart is still giving a strong buy opportunity.
You can enter now and hold with a long-term vision. Stay patient, stay disciplined, and let the move play out. Best of luck, my fam.
Trade Setup:
Buy Now: 0.270 – 0.280
TP1: 0.320
TP2: 0.380
TP3: 0.520
Stop-Loss: 0.250
#ENA #ethena #CryptoMaster786
You can enter now and hold with a long-term vision. Stay patient, stay disciplined, and let the move play out. Best of luck, my fam.
Trade Setup:
Buy Now: 0.270 – 0.280
TP1: 0.320
TP2: 0.380
TP3: 0.520
Stop-Loss: 0.250
#ENA #ethena #CryptoMaster786
My 30 Days' PNL
2025-10-20~2025-11-18
+$4,599.53
+3232.62%
Kelsey Arildsen DMNu:
the rise will be strong and big, be patient👍
🚨$ENA USDT Ethena at ~$0.2765 — Synthetic dollar protocol gaining traction! 🚀
Entry Zone: $0.230 – $0.285
Stop-Loss: $0.155
Target 1: $0.345
Target 2: $0.460
Target 3: $0.620
Ethena is a DeFi project that issues the synthetic dollar USDe, collateralized by ETH and Bitcoin, aiming to offer a crypto-native savings instrument.
According to data, ENA is currently trading around $0.2765 with a circulating supply of ~7.42 billion tokens and a max supply of 15 billion.
The step-up in price suggests renewed interest, and because the token has a defined utility (governance + stablecoin ecosystem), it carries more than pure speculative value.
Entry in the proposed range offers a favorable risk/reward: stop-loss is placed below key structural support, while targets are set to capture meaningful upside if the narrative continues to build.
#ENA #Ethena #Crypto #Write2Earn #MarketPullback
Entry Zone: $0.230 – $0.285
Stop-Loss: $0.155
Target 1: $0.345
Target 2: $0.460
Target 3: $0.620
Ethena is a DeFi project that issues the synthetic dollar USDe, collateralized by ETH and Bitcoin, aiming to offer a crypto-native savings instrument.
According to data, ENA is currently trading around $0.2765 with a circulating supply of ~7.42 billion tokens and a max supply of 15 billion.
The step-up in price suggests renewed interest, and because the token has a defined utility (governance + stablecoin ecosystem), it carries more than pure speculative value.
Entry in the proposed range offers a favorable risk/reward: stop-loss is placed below key structural support, while targets are set to capture meaningful upside if the narrative continues to build.
#ENA #Ethena #Crypto #Write2Earn #MarketPullback
⚛️$ENA / USDT Market Update – Ethena Bulls Reclaim Key Range Level
Ethena (ENA) is currently trading at $0.2775, posting a strong +3.62% surge on the 4H timeframe. Following a significant pullback from recent highs, the price established a strong base near the $0.2526 24h Low. Buyers have aggressively stepped in, launching a bullish reversal candle that has successfully reclaimed the crucial $0.2750 horizontal support-turned-resistance level.
🔍 Key Highlights
24h High: $0.2809
24h Low: $0.2526
24h Volume (ENA): 262.30M
Recent 4H Move: Sharp correction \rightarrow strong rejection of 0.2526 low \rightarrow bullish impulse retesting the 24h High area.
$ENA Fundamentals: ENA is the governance token for the Ethena Protocol, a major DeFi project that issues the synthetic dollar stablecoin USDe and the yield-bearing "Internet Bond". USDe's stability is achieved via a delta-neutral hedging strategy (combining collateral like staked ETH with short futures positions), a crypto-native approach that has attracted massive TVL and significant whale interest.
📈 Market Structure
The price drop was decisively halted near the $0.2526 low, confirming strong demand in that zone.
The subsequent bullish move has been forceful, re-establishing the price back into the previous consolidation range.
The current candle is attempting to solidify a close above the $0.2750 pivot, a necessary step to confirm the end of the short-term correction.
A sustained hold above $0.2750 is critical for bulls to maintain the recovery momentum and push toward the next major resistance.
📊 Levels to Watch
Immediate Support:
$0.2700
$0.2650
Major Support:
$0.2526 (24h Low & Strong Base)
Resistance Zone:
$0.2809 – $0.2900 (24h High and recent consolidation ceiling)
Breakout Level:
$0.2950 (A definitive close above this may open the path toward $0.3000+)
🌟 Outlook
ENA is showing a classic technical reversal pattern, which is strongly supported by its high trading volume and the protocol's continuous fundamental growth in the DeFi sector.
#ENA #Ethena #InternetBond
Ethena (ENA) is currently trading at $0.2775, posting a strong +3.62% surge on the 4H timeframe. Following a significant pullback from recent highs, the price established a strong base near the $0.2526 24h Low. Buyers have aggressively stepped in, launching a bullish reversal candle that has successfully reclaimed the crucial $0.2750 horizontal support-turned-resistance level.
🔍 Key Highlights
24h High: $0.2809
24h Low: $0.2526
24h Volume (ENA): 262.30M
Recent 4H Move: Sharp correction \rightarrow strong rejection of 0.2526 low \rightarrow bullish impulse retesting the 24h High area.
$ENA Fundamentals: ENA is the governance token for the Ethena Protocol, a major DeFi project that issues the synthetic dollar stablecoin USDe and the yield-bearing "Internet Bond". USDe's stability is achieved via a delta-neutral hedging strategy (combining collateral like staked ETH with short futures positions), a crypto-native approach that has attracted massive TVL and significant whale interest.
📈 Market Structure
The price drop was decisively halted near the $0.2526 low, confirming strong demand in that zone.
The subsequent bullish move has been forceful, re-establishing the price back into the previous consolidation range.
The current candle is attempting to solidify a close above the $0.2750 pivot, a necessary step to confirm the end of the short-term correction.
A sustained hold above $0.2750 is critical for bulls to maintain the recovery momentum and push toward the next major resistance.
📊 Levels to Watch
Immediate Support:
$0.2700
$0.2650
Major Support:
$0.2526 (24h Low & Strong Base)
Resistance Zone:
$0.2809 – $0.2900 (24h High and recent consolidation ceiling)
Breakout Level:
$0.2950 (A definitive close above this may open the path toward $0.3000+)
🌟 Outlook
ENA is showing a classic technical reversal pattern, which is strongly supported by its high trading volume and the protocol's continuous fundamental growth in the DeFi sector.
#ENA #Ethena #InternetBond
Hey Fam,
Remember yesterday’s alert on $ENA ? I mentioned a recovery was forming — did you catch that entry? No worries if you missed it — the chart is still showing a strong buy opportunity.
You can enter now with a long-term mindset. Stay patient, stay disciplined, and let this move unfold. Wishing you the best of luck, fam!
📈 Trade Setup:
Buy Zone: 0.270 – 0.280
TP1: 0.320
TP2: 0.380
TP3: 0.520
SL: 0.250
#ENA #Ethena
Fam, do you remember?? Yesterday I dropped a long call on $ENA and clearly told you a recovery was building.
Did you take the entry when I alerted you??
Even if you missed the first move, no stress — the chart is still offering a clean buy opportunity.
You can enter now and hold with a long-term mindset. Stay patient, stay disciplined, and let the move unfold naturally. Best of luck, my fam ❤️
Trade Setup:
Buy Now: 0.270 – 0.280
Stop-Loss: 0.250
Targets:
• TP1: 0.320
• TP2: 0.380
• TP3: 0.520
$ENA
#ENA #ethena #CryptoMaster786
Kelsey Arildsen DMNu:
good luck to those who believed in ENA
🚨 $ENA #pullback
📊 Current Price: $0.2775–$0.2776
📈 24h Change: +1.31%
✅ Pattern: Higher lows forming, base building at $0.268–$0.27
🎯 THE SETUP:
→ Support holding: $0.268–$0.27 (multiple bounces)
→ Key flip level: $0.278
→ Ideal entry: Retest of $0.27 support + confirmation
→ Target: $0.294–$0.32 if $0.278 flips
⚠️ TECHNICAL READ: $ENA
RSI = 33.78 (Oversold, room for bounce)
Williams %R = -77.8 (Extreme oversold)
MACD = Buy signal emerging
Moving Averages = Mix of sell signals, but oscillators show bounce potential
💡 Strategy: Wait for $0.27 retest, enter on reversal candle, target $0.278 close as confirmation, then $0.30+
#ENA #Ethena #HigherLows #Reversal
📊 Current Price: $0.2775–$0.2776
📈 24h Change: +1.31%
✅ Pattern: Higher lows forming, base building at $0.268–$0.27
🎯 THE SETUP:
→ Support holding: $0.268–$0.27 (multiple bounces)
→ Key flip level: $0.278
→ Ideal entry: Retest of $0.27 support + confirmation
→ Target: $0.294–$0.32 if $0.278 flips
⚠️ TECHNICAL READ: $ENA
RSI = 33.78 (Oversold, room for bounce)
Williams %R = -77.8 (Extreme oversold)
MACD = Buy signal emerging
Moving Averages = Mix of sell signals, but oscillators show bounce potential
💡 Strategy: Wait for $0.27 retest, enter on reversal candle, target $0.278 close as confirmation, then $0.30+
#ENA #Ethena #HigherLows #Reversal
🚀 $ENA EXPLODES – BULLS DOMINATE THE CHARTS!
💥 After brutal dips, buyers are storming in.
⚡ Momentum is building — could this be the start of a massive rebound?
💰 Price: $0.277 (+7%)
🔥 My Take:
ENA surged 7% as smart money piled in on the dip. $0.272–$0.275 is now key support — holding here could fuel an aggressive push toward $0.30–$0.32. ⚡
🎯 Targets: $0.30 / $0.32
🛑 Stop-Loss: $0.268
#ENA #ethena #CryptoMomentum
💥 After brutal dips, buyers are storming in.
⚡ Momentum is building — could this be the start of a massive rebound?
💰 Price: $0.277 (+7%)
🔥 My Take:
ENA surged 7% as smart money piled in on the dip. $0.272–$0.275 is now key support — holding here could fuel an aggressive push toward $0.30–$0.32. ⚡
🎯 Targets: $0.30 / $0.32
🛑 Stop-Loss: $0.268
#ENA #ethena #CryptoMomentum
🚨 $ENA SLAMMED – FEAR MAXED, OPPORTUNITY LOADED!
💥 Blood on the chart, but seasoned traders smell a reversal.
⚡ When the crowd panics, killers enter — are you one of them?
💰 Price: $0.261 (-5%)
🔥 My Take:
ENA nuked 5%, but this is where real players hunt entries. $0.255–0.260 is the battlefield — if bulls defend it, a sharp bounce toward $0.28+ is on the table. Weak hands exit, predators enter.
🎯 Targets: $0.275 / $0.285
🛑 Stop-Loss: $0.252
#ENA #ethena #CryptoUpdate #BTC90kBreakingPoint
{spot}(ENAUSDT)
💥 Blood on the chart, but seasoned traders smell a reversal.
⚡ When the crowd panics, killers enter — are you one of them?
💰 Price: $0.261 (-5%)
🔥 My Take:
ENA nuked 5%, but this is where real players hunt entries. $0.255–0.260 is the battlefield — if bulls defend it, a sharp bounce toward $0.28+ is on the table. Weak hands exit, predators enter.
🎯 Targets: $0.275 / $0.285
🛑 Stop-Loss: $0.252
#ENA #ethena #CryptoUpdate #BTC90kBreakingPoint
{spot}(ENAUSDT)
Anas Shaikh786:
😅😅
$ENA 🔥 STAY CALM!
"ENA is just cooling off before next pump!"
DeFi gem at MAJOR accumulation zone!
•
📊 ENA/USDT - Key Levels:
Price: 0.2581 USDT
24H Change: -5.01%
Critical Support: 0.2544 USDT
⚡ Why This is BULLISH:
· DeFi season incoming
· Strong project fundamentals
· Perfect risk/reward setup
•
🎯 Trade Setup:
Buy zone: 0.2544 - 0.2581
Target: 0.2857+ USDT
Stop Loss: Below 0.2544
Trade Here 👉 $ENA
#ENA #Ethena #DeFi #Crypto #BuyTheDip
"ENA is just cooling off before next pump!"
DeFi gem at MAJOR accumulation zone!
•
📊 ENA/USDT - Key Levels:
Price: 0.2581 USDT
24H Change: -5.01%
Critical Support: 0.2544 USDT
⚡ Why This is BULLISH:
· DeFi season incoming
· Strong project fundamentals
· Perfect risk/reward setup
•
🎯 Trade Setup:
Buy zone: 0.2544 - 0.2581
Target: 0.2857+ USDT
Stop Loss: Below 0.2544
Trade Here 👉 $ENA
#ENA #Ethena #DeFi #Crypto #BuyTheDip
🚨 $ENA SLAMMED – FEAR MAXED, OPPORTUNITY LOADED!
💥 Blood on the chart, but seasoned traders smell a reversal.
⚡ When the crowd panics, killers enter — are you one of them?
💰 Price: $0.261 (-5%)
🔥 My Take:
ENA nuked 5%, but this is where real players hunt entries. $0.255–0.260 is the battlefield — if bulls defend it, a sharp bounce toward $0.28+ is on the table. Weak hands exit, predators enter.
🎯 Targets: $0.275 / $0.285
🛑 Stop-Loss: $0.252
#ENA #ethena #CryptoUpdate #BTC90kBreakingPoint
💥 Blood on the chart, but seasoned traders smell a reversal.
⚡ When the crowd panics, killers enter — are you one of them?
💰 Price: $0.261 (-5%)
🔥 My Take:
ENA nuked 5%, but this is where real players hunt entries. $0.255–0.260 is the battlefield — if bulls defend it, a sharp bounce toward $0.28+ is on the table. Weak hands exit, predators enter.
🎯 Targets: $0.275 / $0.285
🛑 Stop-Loss: $0.252
#ENA #ethena #CryptoUpdate #BTC90kBreakingPoint
📌 $ENA
Market Watch
After a deep correction from its earlier rallies, $ENA is now stabilizing around a familiar support zone — the same area that previously sparked strong upward momentum. The level is holding firmly so far, suggesting sellers are losing pressure as price consolidates.
If demand begins to build the way it has during past basing periods, this zone could become an important foundation for future trend development. Worth keeping on the radar as the structure continues to tighten.
#ENA #Ethena #MarketUpdate
Market Watch
After a deep correction from its earlier rallies, $ENA is now stabilizing around a familiar support zone — the same area that previously sparked strong upward momentum. The level is holding firmly so far, suggesting sellers are losing pressure as price consolidates.
If demand begins to build the way it has during past basing periods, this zone could become an important foundation for future trend development. Worth keeping on the radar as the structure continues to tighten.
#ENA #Ethena #MarketUpdate
#ethena
📉 Ethena ($ENA ) – Update November 15, 2025
🔴 Price: $0.280654
📉 24h: -3.26%
📉 30d: -31.01%
📉 1y: -49.37%
⚠️ Forecast for 11/20: $0.216840 -(-23.28%)
ENA +29.43% above 5-day pattern.
📊 Technical Analysis (Daily):
• All MA (3–200) - SELL
• RSI 14: 30.67 - oversold zone
• Stoch Fast: 3.64 - BUY
• Williams %R: -96.36 - BUY
• ADX: 42.26 - strong bearish trend
🟥 Sentiment: Bearish
🟥 Fear & Greed: 10 (Extreme Fear)
🔑 Levels:
⬇️ Support: $0.2682 | $0.2581 | $0.2425
⬆️ Resistance: $0.2940 | $0.3096 | $0.3197
📈 Volatility (1 month): 16.88%
🟢 11 green days out of 30
Conclusion: the market is in panic, indicators are bearish. We expect a test of $0.2682 — a breakdown down - the path to $0.22.
📉 Ethena ($ENA ) – Update November 15, 2025
🔴 Price: $0.280654
📉 24h: -3.26%
📉 30d: -31.01%
📉 1y: -49.37%
⚠️ Forecast for 11/20: $0.216840 -(-23.28%)
ENA +29.43% above 5-day pattern.
📊 Technical Analysis (Daily):
• All MA (3–200) - SELL
• RSI 14: 30.67 - oversold zone
• Stoch Fast: 3.64 - BUY
• Williams %R: -96.36 - BUY
• ADX: 42.26 - strong bearish trend
🟥 Sentiment: Bearish
🟥 Fear & Greed: 10 (Extreme Fear)
🔑 Levels:
⬇️ Support: $0.2682 | $0.2581 | $0.2425
⬆️ Resistance: $0.2940 | $0.3096 | $0.3197
📈 Volatility (1 month): 16.88%
🟢 11 green days out of 30
Conclusion: the market is in panic, indicators are bearish. We expect a test of $0.2682 — a breakdown down - the path to $0.22.
$ENA /USDT - BULLISH BREAKOUT IN PROGRESS! 🚀
Price: $0.2761 (+2.91%)
Breaking ABOVE key moving averages with STRONG momentum!DeFi gem awakening! 📈
KEY LEVELS:
· 🟢 Support: $0.2727 → $0.2707 (MA99)
· 🔴 Resistance: $0.2798 → $0.2857
TRADE SIGNAL:
· ENTRY: $0.2740 - $0.2770 (Current breakout)
· TARGETS: $0.2857 → $0.2900 → $0.2950
· STOP LOSS: $0.2680
Volume building at 153K ENA - Up 7.31% today! Breaking through MA resistance with solid momentum.
#ENA #Ethena #DeFi #TradingSignal #Crypto
👍 Like if you're riding this ENA breakout!
Price: $0.2761 (+2.91%)
Breaking ABOVE key moving averages with STRONG momentum!DeFi gem awakening! 📈
KEY LEVELS:
· 🟢 Support: $0.2727 → $0.2707 (MA99)
· 🔴 Resistance: $0.2798 → $0.2857
TRADE SIGNAL:
· ENTRY: $0.2740 - $0.2770 (Current breakout)
· TARGETS: $0.2857 → $0.2900 → $0.2950
· STOP LOSS: $0.2680
Volume building at 153K ENA - Up 7.31% today! Breaking through MA resistance with solid momentum.
#ENA #Ethena #DeFi #TradingSignal #Crypto
👍 Like if you're riding this ENA breakout!
🔥 $ENA — Small Pullback… BIG Opportunity?
Current Price: $0.26 👀
Investment: $2,000
You get: 7,692 ENA 🟡🔥
If ENA makes a move toward $1.50…
💰 Your bag becomes: $11,538+ 🚀🔥
(Yes… from a small pullback to a BIG pump!)
Looking at ENA’s previous hype and current market sentiment…
$1.50 doesn’t look impossible — it just needs momentum. ⚡
What do you guys think?
Can ENA hit $1.50 again? 👀🔥
$ENA #crypto #BinanceSquare #ethena #altcoins #bullish
Current Price: $0.26 👀
Investment: $2,000
You get: 7,692 ENA 🟡🔥
If ENA makes a move toward $1.50…
💰 Your bag becomes: $11,538+ 🚀🔥
(Yes… from a small pullback to a BIG pump!)
Looking at ENA’s previous hype and current market sentiment…
$1.50 doesn’t look impossible — it just needs momentum. ⚡
What do you guys think?
Can ENA hit $1.50 again? 👀🔥
$ENA #crypto #BinanceSquare #ethena #altcoins #bullish
Fam, I’ve brought you another fresh long setup on $ENA , and this one looks like a golden opportunity. After a strong downtrend, $ENA has finally broken out of the descending channel and is starting to recover with momentum. This level is giving a clean buying chance, so don’t miss it — early entries always win big.
Who’s buying $ENA with me right now? Let’s catch this move together and make solid profits, my fam.
Trade Setup:
BUY NOW: 0.275 – 0.285
TP1: 0.310
TP2: 0.335
TP3: 0.360
Stop-Loss: 0.255
#ENA #ethena #CryptoMaster786
Who’s buying $ENA with me right now? Let’s catch this move together and make solid profits, my fam.
Trade Setup:
BUY NOW: 0.275 – 0.285
TP1: 0.310
TP2: 0.335
TP3: 0.360
Stop-Loss: 0.255
#ENA #ethena #CryptoMaster786
My 30 Days' PNL
2025-10-19~2025-11-17
+$2,319.52
+97.27%
Aalyan_Khalid:
Clean breakout on $ENA — this setup looks solid. Early buyers could catch a strong run here.
🚨$ENA USDT Pops 9.97% — Setup for a Solid Bounce in the Making! 🚀
Current Price: $0.2735
24h Trading Volume: ~$370.74 M
24h Change: -0.38% (modest dip)
Live Market Cap: ~$2.03B
Circulating Supply: ~7,423,437,500 ENA
Max Supply: ~15,000,000,000 ENA
Entry & Risk
Entry Zone: $0.245 – $0.280
Stop-Loss: $0.215
Price Targets
1. Target 1: $0.325
2. Target 2: $0.405
3. Target 3: $0.510
The token Ethena (ENA) is a synthetic-dollar protocol built on Ethereum (ETH) aiming to redefine on-chain money with its native token used for governance.
Given its dip (~-0.38%) despite strong volume, it could be settling into support rather than breaking down — offering a favorable risk/reward entry.
The large supply and modest price means upside is largely sentiment/usage driven; good entry range gives potential for meaningful gains if adoption or momentum picks up.
#ENA #Ethena #MarketPullback #Write2Earn #BinanceSquareTalks
Current Price: $0.2735
24h Trading Volume: ~$370.74 M
24h Change: -0.38% (modest dip)
Live Market Cap: ~$2.03B
Circulating Supply: ~7,423,437,500 ENA
Max Supply: ~15,000,000,000 ENA
Entry & Risk
Entry Zone: $0.245 – $0.280
Stop-Loss: $0.215
Price Targets
1. Target 1: $0.325
2. Target 2: $0.405
3. Target 3: $0.510
The token Ethena (ENA) is a synthetic-dollar protocol built on Ethereum (ETH) aiming to redefine on-chain money with its native token used for governance.
Given its dip (~-0.38%) despite strong volume, it could be settling into support rather than breaking down — offering a favorable risk/reward entry.
The large supply and modest price means upside is largely sentiment/usage driven; good entry range gives potential for meaningful gains if adoption or momentum picks up.
#ENA #Ethena #MarketPullback #Write2Earn #BinanceSquareTalks
My 30 Days' PNL
2025-10-19~2025-11-17
+$1.88
+21.14%
$ENA is gaining strong attention as traders eye its expanding role in the Ethena ecosystem! 🚀
With rising demand for synthetic assets and growing adoption of USDe, ENA continues to strengthen its utility within staking, governance, and ecosystem rewards.
The community remains bullish as Ethena pushes new updates and integrations across DeFi.
Are you holding ENA for the long-term or playing the short-term waves? 👀🔥
#ENA #ethena #cryptoupdates2024 #binancesqu
$ENA - Contrarian Play or Value Trap? Diving Deep! 🧐
Ethena is at a CRITICAL juncture. Here's the full breakdown:
📊 Key Metrics:
· Price: ~$0.29
· Sentiment: BEARISH
· 7D Performance: -30%
· RSI: ~30.67 (OVERSOLD)
⚖️ The Bull vs. Bear Battle:
THE BULL CASE: 🐂
· Massive Catalyst: "Fee Switch" activation could happen in Q4, making $ENA a yield-bearing asset.
· Institutional Trust: Multicoin Capital just announced a major investment.
· Oversold Bounce: RSI suggests a potential technical rebound from here.
· Innovation: USDe is a revolutionary crypto-native synthetic dollar.
THE BEAR CASE: 🐻
· Selling Pressure: 171M+ tokens unlocked recently (~$55M), with monthly unlocks until 2027.
· Outflows: Billions in net outflows from the protocol recently.
· Price Action: Trading below all key moving averages.
🎯 Trading Setup & Levels:
· CRITICAL SUPPORT: $0.22 - $0.27 (MUST HOLD!)
· Key Resistance: $0.51 - $0.65
· Long-term Targets (2026-27): $1.55 - $5.00 (If all goes well)
💎 My Final Take:
This is a high-risk, high-reward setup. The technology is promising and the "fee switch" is a game-changer. However, the token unlocks are a heavy anchor on the price short-term.
I'm watching for a confirmed bounce from the $0.27 support zone. A break below could lead to further downside.
Remember: This is NOT financial advice. Always do your own research!
#ENA #Ethena #Crypto #Trading #defi $ENA
Ethena is at a CRITICAL juncture. Here's the full breakdown:
📊 Key Metrics:
· Price: ~$0.29
· Sentiment: BEARISH
· 7D Performance: -30%
· RSI: ~30.67 (OVERSOLD)
⚖️ The Bull vs. Bear Battle:
THE BULL CASE: 🐂
· Massive Catalyst: "Fee Switch" activation could happen in Q4, making $ENA a yield-bearing asset.
· Institutional Trust: Multicoin Capital just announced a major investment.
· Oversold Bounce: RSI suggests a potential technical rebound from here.
· Innovation: USDe is a revolutionary crypto-native synthetic dollar.
THE BEAR CASE: 🐻
· Selling Pressure: 171M+ tokens unlocked recently (~$55M), with monthly unlocks until 2027.
· Outflows: Billions in net outflows from the protocol recently.
· Price Action: Trading below all key moving averages.
🎯 Trading Setup & Levels:
· CRITICAL SUPPORT: $0.22 - $0.27 (MUST HOLD!)
· Key Resistance: $0.51 - $0.65
· Long-term Targets (2026-27): $1.55 - $5.00 (If all goes well)
💎 My Final Take:
This is a high-risk, high-reward setup. The technology is promising and the "fee switch" is a game-changer. However, the token unlocks are a heavy anchor on the price short-term.
I'm watching for a confirmed bounce from the $0.27 support zone. A break below could lead to further downside.
Remember: This is NOT financial advice. Always do your own research!
#ENA #Ethena #Crypto #Trading #defi $ENA
B
ENA/USDT
Price
0.2786
Login to explore more contents