NguyenTien1514
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ENA — Testing ~$0.74 resistance; favor probe buys on a clean retest.
1. Summary
$ENA short-term rally meets resistance near $0.74; prefer conservative probe buys on a retest or wait for a volume-confirmed breakout. Price ~ $0.73. Binance.US listing increased access and liquidity. Risk: scheduled unlocks/vesting could add selling pressure.
2. Market Overview
Short-term flows into ENA rose after listings and positive headlines, lifting intraday liquidity and volatility.
3. Technical Analysis
short-term bullish but near resistance $0.74–0.75 (MA99/short-term highs). Actionable levels — Support $0.68 / Resistance $0.74–0.75. RSI shows room to run but watch momentum on volume.
4. Fundamental Analysis
Ethena’s ENA token has a reported total supply around 15B with circulating supply tracked on major aggregators; ENA is used across Ethena’s DeFi products. Monitor official tokenomics for scheduled unlocks.
5. Sentiment Analysis
Net sentiment: positive on listing-driven liquidity and renewed interest, but vulnerability to unlock-driven sell pressure and broader market pullbacks.
6. Strategy
Entry: probe buy on retest $0.70–0.72;
Breakout entry: add on a confirmed close above $0.75 with rising volume.
Stop-loss: below $0.67.
Targets: TP1 $0.82–0.85, TP2 $0.95+
Exit triggers: major unlock announcements or loss of $0.68 support.
$ENA short-term rally meets resistance near $0.74; prefer conservative probe buys on a retest or wait for a volume-confirmed breakout. Price ~ $0.73. Binance.US listing increased access and liquidity. Risk: scheduled unlocks/vesting could add selling pressure.
2. Market Overview
Short-term flows into ENA rose after listings and positive headlines, lifting intraday liquidity and volatility.
3. Technical Analysis
short-term bullish but near resistance $0.74–0.75 (MA99/short-term highs). Actionable levels — Support $0.68 / Resistance $0.74–0.75. RSI shows room to run but watch momentum on volume.
4. Fundamental Analysis
Ethena’s ENA token has a reported total supply around 15B with circulating supply tracked on major aggregators; ENA is used across Ethena’s DeFi products. Monitor official tokenomics for scheduled unlocks.
5. Sentiment Analysis
Net sentiment: positive on listing-driven liquidity and renewed interest, but vulnerability to unlock-driven sell pressure and broader market pullbacks.
6. Strategy
Entry: probe buy on retest $0.70–0.72;
Breakout entry: add on a confirmed close above $0.75 with rising volume.
Stop-loss: below $0.67.
Targets: TP1 $0.82–0.85, TP2 $0.95+
Exit triggers: major unlock announcements or loss of $0.68 support.
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