āš”šŸš€ $ENA / USDT (Ethena) – Bulls Loading for the Next Wave! šŸš€āš”

Current Price: $0.6651

šŸ“Š Technical Overview

MA7: $0.6733 → price slightly under short-term trendline

MA25: $0.6868 → consolidation just below mid-term resistance

MA99: $0.4447 → price holding far above long-term support (trend still bullish āœ…)

šŸ”„ After breaking out from the $0.45 – $0.50 accumulation zone, ENA blasted to the $0.80 region before facing rejection. Now, the chart shows a healthy pullback — exactly the kind of setup bulls love before the next push upward.

šŸ›”ļø Support Levels

$0.62 – $0.63: Key demand zone (must-hold)

$0.58: Trendline + psychological support

$0.45: MA99 — macro support

šŸŽÆ Bullish Targets

TP1: $0.75 – $0.80 → immediate resistance retest

TP2: $0.95 – $1.00 → psychological breakout zone

TP3: $1.20 – $1.30 → November 2024 peak zone

TP4: $1.60 – $1.80 → macro resistance before ATH

Moonshot šŸš€: $2.00+ → ATH retest if hype & volume return

šŸ“ Trade Idea

Entry Zone: $0.62 – $0.66 (prime accumulation levels āœ…)

Stop Loss: below $0.58 (trend invalidation)

Take Profits:

• TP1: $0.75 – $0.80

• TP2: $0.95 – $1.00

• TP3: $1.20+

⚔ Summary:

Ethena is in a post-breakout consolidation phase. If bulls keep defending the $0.62 – $0.63 demand zone, ENA has the fuel to rally toward $0.95 – $1.20. A confirmed breakout above $1.00 would flip the structure into macro bullish mode, opening the doors to $2.00+ ATH retest! šŸš€šŸ”„

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