As of now, Ethena ($ENA #ENA走势分析 ) is trading at approximately $0.5801, experiencing a slight decrease of about 0.08% from the previous close.

Recently, a significant long liquidation of $19,636 occurred at the price of $0.57799, indicating that some traders are closing their long positions, possibly due to anticipated price declines.

Technical Analysis:

In December 2024, ENA was trading around $1.07, approaching a key resistance zone between $1.25 and $1.35. Key support levels were identified at $0.9440, $0.8099, and $0.6557.

In October 2024, ENA was trading at approximately $0.439, with a bullish outlook suggesting a potential rise to $0.534199.

In January 2025, ENA showed a bounce from a key Fibonacci retracement level, indicating potential targets at $1.63, $2.15, and $2.61.

Buy Zone, Target, and Stop Loss:

Based on the current analysis:

Buy Zone: Consider entering between $0.8250 and $0.8300.

Target Levels:

Target 1: $0.8500

Target 2: $0.8700

Target 3: $0.9000

Stop Loss: Set at $0.8150 to minimize potential losses.

Conclusion:

ENA is currently at a critical juncture. Monitoring price movements near the identified support and resistance levels is essential. Patience and adherence to the outlined strategy are crucial for effective trading.

*Disclaimer: This information is for educational purposes and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making investment decisions.*