$ENA Chart Analysis: Key Insights for Traders🚀 XETR:ENA Chart Analysis: Key Insights for Traders
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.