ENA quietly climbing +2.8% while the market sleeps โ the stablecoin narrative is building something real here ๐
Ethena's ENA token is at $0.095, sitting in a clean uptrend with expanding volume (+27% above average). RSI at 64.7 (4H) shows bullish momentum without overbought conditions. Price is above SMA7, SMA25, and approaching SMA99 ($0.092) from above โ all bullish structure.
The stablecoin sector is heating up, and Ethena's TVL growth has been consistent. This isn't a pump โ it's steady accumulation. The kind of move that builds into something bigger.
๐ Trade Plan:
โข Entry: $0.085 - $0.092 (scale in on pullbacks to support)
โข Stop Loss: $0.075
โข TP1: $0.110 | TP2: $0.130
โข R:R = 1.6:1
Strategy: SCALE IN โ slow and steady wins.
โ ๏ธ Disclaimer: Not financial advice. DYOR. Stablecoin protocols carry unique risks.
Is ENA the best stablecoin play right now? What's your pick? ๐
#ENA #Ethena #DYOR
Ethena's ENA token is at $0.095, sitting in a clean uptrend with expanding volume (+27% above average). RSI at 64.7 (4H) shows bullish momentum without overbought conditions. Price is above SMA7, SMA25, and approaching SMA99 ($0.092) from above โ all bullish structure.
The stablecoin sector is heating up, and Ethena's TVL growth has been consistent. This isn't a pump โ it's steady accumulation. The kind of move that builds into something bigger.
๐ Trade Plan:
โข Entry: $0.085 - $0.092 (scale in on pullbacks to support)
โข Stop Loss: $0.075
โข TP1: $0.110 | TP2: $0.130
โข R:R = 1.6:1
Strategy: SCALE IN โ slow and steady wins.
โ ๏ธ Disclaimer: Not financial advice. DYOR. Stablecoin protocols carry unique risks.
Is ENA the best stablecoin play right now? What's your pick? ๐
#ENA #Ethena #DYOR