$ENA

#ENA

🚨Quick Analysis for ENAUSDT Futures🚨

⌛15 MIN Timeframe⌛

📈 Trend Direction (Futures): Bearish, showing signs of potential bounce

💰 Entry Price: Around 0.4350 - 0.4370

🎯 Targets:

🥇 0.4400

🥈 0.4430

🥉 0.4460

🛑 Stop Loss🫸 : 0.4280

📢 LEVERAGE X5-X10 🔥

🔧 Analysis Equipment:

◽ MA(7, 99, 200): Short-term MA above price, mid/long-term MAs well above.

◽ MACD: Bearish crossover, but momentum shifting towards bullish.

◽ RSI(14): Around 35, approaching oversold territory, potential for bounce.

◽ K% (Stochastic): Low, indicating potential for upward correction.

◽ CCI: Negative, suggesting price is below average, potential reversal soon.

◽ Order book: Slightly more buy orders than sell orders currently.

🧬 Fibonacci :

⚡ 0.4460

⚡ 0.4500

⚡ 0.4530

⚡ 0.4580

💧 Liquidity: Good liquidity based on volume and order book.

🗞️News Sentiment: Positive sentiment gaining traction, Ethena Labs partnered with TON.

📝 NOTE: ENA on 15m bearish short term, indicators suggest potential bounce. Manage risk carefully.

#Write2Earn #3ALA2 ENA #TradeLessons $ENA