ENAUSDT trade ideas
WORLD LIBERTY FINANCIAL TOKEN - ENA !BINANCE:ENAUSDT
WORLD LIBERTY FINANCIAL TOKEN - ENA !
1.A narrow range between 0.8 and 0.97 has been created.
2. From the point of view of the OBV volume indicator, we can see a pattern of volume advantage, which forced the price to test the extreme limits of the range within one day (20.01)
3.From the point of view of long-term investment, the price of 0.83 at the time of writing is a good buy
EXPECTATIONS: you can trade within the range from its upper/lower boundaries, or buy the token with a long-term perspective of price growth due to the WLFI token influence
Bullish on Ethena Project...On daily and Weekly timeframe Ethena( XETR:ENA ) making fall wedge and made a breakout, already had 50% pump from bottom, still has room to grow we can see aroun 0.65-0.7$ range and range can be a bit of resistance, also Ethena team getting lot of good project and work based on there top tier skills as they developed product UStb fully backed by BUDL(blackrock) in parnetship with securitize, it will be separate fiat stablecoin product alonside there USDe....
(small explanation)
Blackrock is the world’s largest asset manager. Their on-chain product is BUIDL which is a stablecoin available to whitelisted addresses, with an interest rate similar to US treasury bills.
USDe/sUSDe being backed by BTC/(st)ETH/SOL and crypto shorts is great during bull markets, when everyone wants to (leverage) long crypto and will pay shorts for the privilege, but not so great during a bear market when shorts may have to pay longs. So Ethena is building a new stablecoin for everyone (not just whitelisted addresses) called UStb backed by BUIDL, and when the crypto shorts don’t make money Ethena can switch USDe’s backing to UStb. So sUSDe will have a TradFi interest rate during crypto bear markets and a CeFi interest rate during crypto bull markets, and we will all be able to play with it in DeFi thanks to the many protocols that support it.
$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.
Is ENA Price Ready To Surge Above The Mark Of $1?Ethena has a median APY of 12.2% with a negative USD inflows to the platform.Meanwhile, the number of developers and developers commit is also very low for this platform. The total staked portion of the ENA has also been taking a hit and has reached to 13% as per the data provided by Dune analytics.
ENA/USDT Ready to Upward move toward $2.5 ( 200% )ENA/USDT Chart Analysis Update
XETR:ENA has just made a significant move, breaking through the resistance line of a bullish flag pattern. This breakout is a crucial indicator of potential upward momentum in the near future.
Breakout Point: $0.89 ✅
We're now watching closely for a retest of the breakout level to confirm the strength of this move. If the retest is successful, we anticipate further bullish activity.
Target: $2.50
This target is set based on the dimensions of the bull flag pattern, projecting substantial growth.
Stop Loss: $0.78
To manage risk effectively, a stop loss has been set just below the recent support level.
