Current price: $0.7296 📈 (+1.4% today)
🔥 Sudden momentum:
Ethena is gearing up for a rocket explosion! With its stablecoin USDe surpassing the $9 billion mark to become the third largest stablecoin globally, and the RSI reaching 73.69 (short-term overbought signal), the market resembles a ticking bomb before its launch 🚀. Is this the calm before the bullish storm?
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📊 Technical snapshot in 15 seconds:
- Rocket resistance:
- $0.8206 (weekly high) → $0.9186 (historical target) → $1.00 (psychological barrier) .
- Critical support:
- $0.6573 (defense line) → $0.626 (rescue zone) → $0.5211 (monthly low) .
- Critical indicators:
- 11 buy signals against 3 sell signals (bullish momentum) .
- Low trading volume (-30.98% from the average) signals a violent movement is near ⚠️ .
- Price above moving averages (10, 20, 50, 100, 200 days) - strong bullish signal .
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🎯 Trading recommendations (concise):
1. Smart entry points:
- Buy at: $0.6573 (support test) or break $0.8206 with a closing hour above it ✅.
2. Profit targets:
- Level 1: $0.8206 (quick profit taking) 💰.
- Level 2: $0.9186 → $1.00 (rocket target) 🚀.
3. Stop loss: $0.626 (maximum protection) ⛔.
> 💡 Today's scenario:
> ENA's success in stabilizing above $0.8206 could trigger a historic rise towards $1.00 supported by whale flows (accumulating 310 million units). However, breaking $0.6573 threatens a drop to $0.5211.
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❓ In conclusion:
> "In your opinion: Does the decline in Ethena's trading volume today conceal a setup for a bullish explosion or a warning of a collapse? Share your predictions! ⚡"
