$ENA /USDT Barish pressure building
Current Price: $0.3187
About ENA:
#ENA (Ethena) is a synthetic dollar protocol designed to bring scalability and stability to DeFi using a novel approach to yield-bearing assets. As the ecosystem gains traction, ENA continues to gather attention among derivative traders.
24H Overview:
24H High: $0.3280
24H Low: $0.3100
24H Change: +1.37%
Current Trend: Attempting a bullish reversal after testing near-term support at $0.31
Key Levels:
Immediate Resistance: $0.3240 / $0.3280
Major Resistance: $0.3350
Support Zone: $0.3100 – $0.3137
Breakout Trigger: Sustained close above $0.3280
Trade Setup:
Entry Zone: $0.3180 – $0.3200
Target 1: $0.3280
Target 2: $0.3350
Target 3: $0.3480
Stop Loss: $0.3090 (below key support)
Pro Tip:
Volume confirmation is key. Look for increasing buying pressure on lower #timeframes (15m/1H) as price moves through $0.3240. Patience is essential — avoid premature entries; use limit orders near the support bounce zone.
Buy and trade on here $ENA