Recent Performance: 🔸 #Ethena has delivered 5x returns in the last 100 days, rewarding early investors significantly. 🔸 Notably, Trump has recently accumulated #ENA , adding momentum.
Current Levels: 🔸 If $1.46 breaks, expect a potential rally toward $2-$3. 🔸 The red resistance box has flipped into strong support. Holding above $1 signals a continued bullish trend.
⚠️ Caution: 🔸 Entry at current levels is high risk due to the sharp uptrend. 🔸 Wait for a dip: Ideal re-entry around $0.80-$0.70 if the red trendline breaks down.
Strategy: 🔸 Book partial profits if you entered at the dip. 🔸 Stay alert for price action at key levels to capitalize on opportunities.
Pro Tip: Watch $1 support and $1.46 resistance closely for next moves.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.