๐จ $ENA /USDT โ Ethena Awakens! Is the Comeback On? ๐
Current Price: $0.3635 | 4H Change: +5.36%
$ENA is showing signs of life after months of consolidation! Itโs just blasted through both the 20MA and 200MA, forming a golden-cross style breakout that hints at a potential trend reversal.
๐ Key Technicals:
โข 20MA: $0.2875 โ now acting as strong support
โข 200MA: $0.2813 โ successfully reclaimed
๐ Chart Highlights:
โ Powerful breakout after a long sideways phase
โ Clean impulse candle with strength
๐ฅ Sudden volume surge โ possible whale or institutional action
๐ Major Resistance Levels Ahead:
โข $0.4200 โ Local top from early June
โข $0.5500 โ April high & psychological zone
โข $0.8000 โ $1.0000 โ Macro resistance & full-cycle targets
๐ก Support Zones:
โข $0.2900 โ $0.3100 โ MA cluster, fresh demand area
โข $0.2400 โ Old breakout point, backup support
๐ฎ Final Word:
Ethena is no longer sleeping โ this breakout flips the structure bullish. If volume sustains and price holds above $0.30 on retest, we may be witnessing the start of a major recovery wave.
๐ข Follow @bullishbanteer for more breakout alerts, trade setups, and crypto momentum plays! ๐๐