#MetaplanetBTCPurchase

📉 ENA (Ethena) Price Update – Trade or Wait? 📈

💰 Current Price: $0.3126

🪙 Status: Testing critical support zone

🔍 Market Snapshot:

ENA has continued its downtrend, now hovering just above the key $0.30 support. Momentum is weak, and buyers are cautious. A break below could open doors to $0.27–$0.25 range.

📊 Technical Levels:

Immediate Resistance: $0.34 – $0.36

Critical Support: $0.30 – $0.28

Trend: Bearish short-term | Oversold territory approaching

⚠️ Trade Strategy:

🔸 Do NOT trade aggressively right now.

🔸 Wait for one of two signals:

1. Bullish bounce with strong volume from $0.30

2. Reclaim above $0.36 for trend reversal confirmation

🔸 If price closes below $0.30, expect further downside

🧠 Sentiment: Bearish short-term, but potential for bounce if broader market stabilizes. Risk is high—only consider scalping if you’re experienced and using tight stop-losses.

✅ Recommendation: Wait and watch — trade only on confirmation.