Trade Setup: $ENA
Current Price: $0.3461
Entry Zone: $0.34 – $0.35
Target 1: $0.37
Target 2: $0.40
Stoploss: $0.32
Analysis:
ENA (Ethena) is trading near a solid support zone between $0.34 and $0.35, where buyers have previously stepped in to defend the price. This range offers a good accumulation opportunity for swing traders. A breakout above $0.36 could trigger bullish momentum toward $0.37 and eventually $0.40. The overall structure remains positive as long as ENA stays above the $0.32 stoploss level. Volume growth and strength in the broader market could further support upward movement. Traders should watch for confirmation candles before entry. With improving sentiment and strong project fundamentals, ENA shows potential for a steady short term rebound from current levels.#Write2Earn $ENA
