📊 ENA Price Overview
• Current Price: $0.4111
• 24h Change: +3.85%
• Highest Price in 24h: $0.4200
• Lowest Price in 24h: $0.3974
• Market Capitalization: ~$2.4 billion USD
• 24h Trading Volume: ~$432 million USD
• Source: CoinGecko, CoinMarketCap
Ethena is a DeFi protocol built on the Ethereum platform, providing a synthetic dollar called USDe. Notably, Ethena applies a delta-hedging strategy to maintain the value stability of USDe, while allowing users to participate in staking and governance mechanisms through the ENA token.
📈 Short-Term Trading Strategy
🟢 Buy Order (Long) – Priority
• Buying Zone: $0.400 – $0.410
• Take Profit (TP): $0.450 – $0.470
• Stop Loss (SL): $0.380
• Probability of Success: 80%
• Reason: ENA is in a strong uptrend, with high trading volume and interest from the DeFi community.
🔴 Sell Order (Short) – Caution
• Entry Zone: $0.470 – $0.480 (if a reversal signal appears)
• Take Profit (TP): $0.420
• Stop Loss (SL): $0.490
• Probability of Success: 40%
• Reason: Should only be considered if a clear reversal signal appears and trading volume significantly decreases.
Assessment: ENA is in a strong uptrend, supported by the DeFi community and innovative financial strategies. However, investors should closely monitor support and resistance levels to make reasonable trading decisions.
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