$ENA Good morning gentlemen, I know that many people are stuck in losses with altcoins and the price recovery has also made many people enter a state of euphoria. In the case of Ethena, we can see a breakout with volume in the previous month indicating a reversal from a downtrend to an uptrend, characterized by a breakout from sideways movement and now a strong correction at the end of last month. This happens because smart money analyzes coins with low market cap like Ethena and has high bullish leverage, making exchanges love to liquidate futures market bettors. However, we can see that the buying strength held, creating a higher low than the previous one so far. To confirm a true breakout, we now need to witness a higher high than the last one presented throughout this month. Good trading to all, do not leverage without a short stop loss, and always perform technical analysis!