🚀 ENA (Ethena) – 24H Market Update & Trading Signals

Current Price: $0.7343 USD

24H Change: −4.57 % 📉

24H High / Low: $0.7811 / $0.7045

24H Volume: ~$16.3M USD

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📊 Technical Summary (Based on 14 Aug 2025 Data)

Short-Term (Intraday): Sell / Neutral

5m – 5h: Mixed to bearish pressure.

High volatility — potential for quick scalping moves.

Daily (1D): Strong Buy ✅

Positive trend signals from TradingView & Investing.com.

Moving Averages leaning bullish.

Weekly & Monthly: Strong Buy 🔥

Long-term momentum still favors upside.

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📈 Market Insights

Intraday trading has shown selling pressure, pushing price down from its daily high.

RSI & MACD suggest short-term caution, but broader moving averages point to bullish sentiment for swing and position traders.

Watch for support near $0.70 and resistance around $0.78–$0.80.

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⚠ Disclaimer

This update is for information purposes only and is not financial advice. Always DYOR (Do Your Own Research) before making trading decisions. Market conditions can change rapidly.