$ENA /USDT SHORT TRADE SIGNAL – WEAK REBOUND BELOW KEY RESISTANCE
Ethena ($ENA/USDT) is currently trading at $0.3566, up 2.12% on the day. While there has been a minor intraday recovery from the 24h low of $0.3336, the price has failed to sustain momentum above the $0.37 level, printing a lower high at $0.3743.
Despite high trading volume (284.89M ENA and 101.49M USDT in 24h), the broader trend remains bearish, especially on longer timeframes.
🔍 Technical Highlights:
Resistance Zone: $0.37–$0.3750 remains a firm ceiling with repeated rejections.
Support Zone: Short-term support seen near $0.3336.
Trend Outlook:
30 Days: -13.25%
90 Days: -2.54%
180 Days: -67.04% (deep downtrend)
Price action on the 15-min chart shows indecision, with minimal gains and quick pullbacks.
📉 Trade Signal:
Given the continued lower highs, macro downtrend, and weak rebound from support, $ENA/USDT presents a Short Trade Signal. A rejection below $0.37 could signal another leg down toward $0.33 or lower.
> Caution: Monitor volume divergence and broader market conditions. A breakout above $0.3750 with strong confirmation could invalidate the short setup.
Tight stop-losses and disciplined risk management are key in this volatile range.#Tradersleague #MarketRebound #StrategyBTCPurchase #BTC110KSoon? #TrumpTariffs