Ethena $ENA Trading Alert

*Current Price:** Approximately $0.726 –

just around your liquidation level of $0.720. That’s tight!

24-Hour Change: Slight dip—about –0.27 % intraday,

but some sources show a ~+1–3 % rise—suggesting mild volatility in play.

Buy Zone: Looking to enter low? Sweet zone is around $0.715 to $0.720—close to current price, so be sharp on your timing.

Targets:

First target: $0.760 (easy bounce zone)

Second target: $0.800 (psychological level and mid-range resistance)

Aggressive upside: $0.830–$0.850 if broader crypto strength kicks in

Stop-Loss: Drop cut at $0.705—under recent dips. If price breaks that, better to step back.

Key Support / Resistance:

Support: $0.715 (recent consolidation)

Resistance: $0.760–$0.770 (a wall to clear), then $0.800 (bigger resistance)

Market Feeling:

Slightly bullish momentum—price is near liquidation level but leaning upward through the day’s moves. It feels like a calm before a move—either a bounce or deeper drop. If buyers keep stepping in, upside looks healthy.

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TL;DR (Easy English Summary)

Ethena is trading around $0.72–$0.73, close to your liquidation threshold. Watch for a nice rebound off $0.715–$0.720. If it starts climbing, first target is $0.76, then $0.80. Put your safety net (stop-loss) at $0.705—cut and step out if it dips lower. The mood? Mildly bullish—could see a slight pop if buyers push past resistance. Play smart, be ready.

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