🔥 Ethena Taking a Hit — Is a Bounce Imminent? 🔥

🔥 [Click here to Buy $ENA ]


Ethena (ENA) is trading at 0.3499, down a sharp 7.58% in the last 24h. The sell-off has created a potential buying opportunity for traders watching support levels closely.


📉 Market Overview:




Price: 0.3499




24h Change: -0.0287 (-7.58%)




Support Zone: 0.335 – 0.342




Resistance Zone: 0.365 – 0.375




🔍 Technical Insights:




RSI approaching oversold territory → possible bounce ahead




Price testing strong support level on 1H and 4H charts




Volume increasing slightly near support — accumulation signs?




📈 Trade Setup:


🟩 Entry Zone: 0.338 – 0.345

🎯 TP1: 0.365

🚀 TP2: 0.380

🛑 SL: Below 0.332


🧠 Strategy:

If ENA holds support and volume picks up, we could see a rebound back to resistance zones. Due to volatility, set tight stops and watch market sentiment closely.


⚠️ High risk, high potential reward — trade smart.