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Enacrypto

#ENA/USDT#ENA The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a bounce from the lower boundary of the descending channel, which is support at 0.3430. We have a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.3521 First target: 0.3608 Second target: 0.3728 Third target: 0.3882
Long
by CryptoAnalystSignal
ENA is standing at a classic “make-or-break base-build” juncture 🕞 60-Second Read Trend on the 1-D chart is still structurally bearish , yet price (spot 0.350 USDT) just printed a higher-low off the April wick and reclaimed the mid-channel line. Two large upside voids are now in play. Hot-Zone #1 – 0.292 (15 m imbalance): fresh demand, 17 % under spot. Hot-Zone #2 – 0.496 (3 MP-High retest): range cap & first breaker, 42 % above. Hot-Zone #3 – 0.836 → 0.892 (Feb pivot ↔ Yearly EC): macro supply shelf. 🎲 Probability Dashboard HTF Trend & Structure – -2 Liquidity Map (voids above) – +1 Momentum (vector flips) – +1 Derivatives (funding ≈ flat) – 0 Net Score = 0 Bear / Neutral / Bull odds ≈ 40 % / 30 % / 30 % 📈 Trade Playbook Strategy 1 1. Layered Limit Grid – Aggressive Counter-Trend Long Entry layers (size %): 0.300 – 25 % of your allocated ENAUSDT size 0.280 – 35 % 0.260 – 25 % 0.240 – 15 % SL = 0.215 TP ladder: 0.350 – 20 % off-load 0.496 – 25 % 0.836 – 30 % 1.040 – 25 % Weighted R:R ≈ 7.3 Strategy 2 2. Layered Limit Grid – Conservative Breakout Long Trigger: daily close > 0.496, then place grid orders. Entry layers (size %): 0.510 – 40 % 0.570 – 30 % 0.650 – 20 % 0.836 – 10 % SL = 0.440 TP ladder: 0.836 – 30 % 1.040 – 30 % 1.516 – 25 % 1.550 – 15 % Weighted R:R ≈ 4.8 Setup Logic Price reclaimed mid-channel but remains inside a 69 % upside void to 0.836. Stacked un-retested highs (0.496 / 0.836 / 1.040) act as magnetic targets. Yearly S1 (0.220) converges with vector zone support – ideal invalidation. Risk Radar Perp OI up 18 % WoW – a funding spike could squeeze late longs. Two token unlocks (2 & 5 May) add ≥ 200 M ENA supply. Macro: FOMC (1 May) & BTC flow volatility may spill into alts. ENA must flip 0.496 to sprint through the 0.84-1.04 air-pocket; fail that and liquidity magnets at 0.30 → 0.22 take the wheel. Trade the grid – not the hopium. (Not financial advice – always do your own research.)
Long
by meloneusk
#ENA/USDT#ENA The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are seeing a rebound from the lower boundary of the descending channel, which is support at 0.2800. We have a downtrend on the RSI indicator that is about to break and retest, supporting the upward trend. We are looking for stability above the 100 moving average. Entry price: 0.2935 First target: 0.3020 Second target: 0.3100 Third target: 0.3200
Long
by CryptoAnalystSignal
ENA/USDT Breakout Pattern (18.04.2025)The ENA/USDT pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent Formation of a Breakout Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position around Trendline Of The Pattern. Target Levels: 1st Resistance – 0.3015 2nd Resistance – 0.3217 🎁 Please hit the like button and 🎁 Leave a comment to support for My Post ! Your likes and comments are incredibly motivating and will encourage me to share more analysis with you. Best Regards, KABHI_TA_TRADING Thank you.
Long
by KABHI_TA_TRADING
18
#ENA/USDT#ENA The price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading for a strong breakout and retest. We are experiencing a rebound from the lower boundary of the descending channel, which is support at 0.3530. We are experiencing a downtrend on the RSI indicator, which is about to break and retest, supporting the upward trend. We are looking for stability above the 100 Moving Average. Entry price: 0.3700 First target: 0.3820 Second target: 0.3950 Third target: 0.4118
Long
by CryptoAnalystSignal
Bearish Outlook for ENA: Potential Downward TrendHello everyone! 👋 I hope you're all doing well. I wanted to share my thoughts on ENA and provide my perspective on the current market situation. Here's my outlook: The price of this coin is exhibiting signs of weakness, suggesting it may face further downward pressure. Recent price action has broken through key support levels, while momentum indicators are pointing to a continuation of the prevailing downtrend. If the broader market sentiment remains negative, we could see further declines toward the next major support zones. While potential rebounds are always a possibility, the overall trend currently appears to favor the bears. Stay vigilant and manage your risk accordingly. Best regards! BINANCE:ENAUSDT
Short
by SteaIth
Phemex Analysis #68: Is It A Good Time to Buy Ethena (ENA) Now?!Ethena has rapidly ascended in the decentralized finance (DeFi) sector, notably propelling its stablecoin, USDe, to become the world's largest by market capitalization within a year. In December 2024, Ethena Labs introduced USDtB, a stablecoin backed by BlackRock's tokenized money market fund, BUIDL, aimed at stabilizing USDe during bearish crypto market phases. More recently, a proposal has been put forward to integrate Ethereal, a decentralized exchange (DEX), into Ethena's reserve management system. This integration seeks to enhance trading capabilities for USDe and distribute governance tokens to ENA holders, further enriching the ecosystem. Despite these fundamental advancements, ENA's price has experienced significant volatility. After reaching a high of $1.32, the token's value declined by approximately 75%, hitting a low of $0.33. However, the downward momentum has recently slowed, coinciding with a broader market recovery. This shift has led many to question whether now is an opportune time to invest in ENA, especially considering its substantial real-world developments. Potential Scenarios 1. Continued Downtrend If ENA fails to maintain current support levels at $0.316, it could test lower price points. Factors such as broader market downturns or negative investor sentiment could exacerbate this decline. Pro Tips: Short Positions: Experienced traders might consider short-selling strategies to capitalize on potential declines, especially if the price drops below $0.316 with high volume. Buying at Support Levels: Long-term investors may consider accumulating ENA gradually near established support levels such as $0.26 and $0.20. 2. Consolidation Phase ENA may enter a consolidation phase, trading within a defined range as the market seeks direction. This period of sideways movement could last until new catalysts emerge. Pro Tips: Range Trading: Identify key support ($0.316) and resistance levels ($0.48) to execute buy and sell orders effectively within the trading range. Patience: Avoid overtrading during consolidation; wait for clear signals before making significant moves. 3. Bullish Reversal Given ENA's recent positive developments and technical indicators, there is potential for a bullish reversal. Sustaining levels above recent resistance points could signal renewed investor confidence and an upward trend. Pro Tips: Breakout Entry: If the price breaks above the $0.40 resistance level with high volume, consider a long position with profit targets at $0.48, $0.54, and $0.70. Accumulate Gradually: Consider dollar-cost averaging to build a position without exposing yourself to immediate market volatility. Conclusion Deciding to invest in ENA requires careful consideration of these scenarios. By employing strategic approaches tailored to each potential outcome, traders can better navigate the complexities of the cryptocurrency market. As always, thorough research and prudent risk management are essential when making investment decisions. Tips: 🔥 Break free from "buy low, sell high"! Our new Pilot Contract empowers you to profit from ANY market direction on DEX coins with up to 3x leverage. Go long, go short, go further! Check out Phemex - Pilot Contract today! Disclaimer: This is NOT financial or investment advice. Please conduct your own research (DYOR). Phemex is not responsible, directly or indirectly, for any damage or loss incurred or claimed to be caused by or in association with the use of or reliance on any content, goods, or services mentioned in this article.
by Phemex
Breaking: Ethena ($ENA) Surged 21% Today- What Next?The synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument native token Ethena ( MIL:ENA ), saw its price surge by a whooping 21% today amidst the three white crow pattern that appeared on the daily price chart hinting at increased buying pressure. Ethena, weeks back was down losing almost half of value, bulls took advantage of the dip and capitalize on the oversold nature of MIL:ENA , presently placing the RSI at 58 which is neither overbought nor oversold but hints at a continuous buying pressure. In the case of a market pull back, MIL:ENA might find support in the 78.6% fib retracement level, similarly, a break above the 1-month high could pave way for a new resistance point with massive influx of buyers in the long term. Ethena Price Live Data The live Ethena price today is $0.439498 USD with a 24-hour trading volume of $758,695,169 USD. We update our ENA to USD price in real-time. Ethena is up 16.02% in the last 24 hours, with a live market cap of $1,416,695,330 USD. It has a circulating supply of 3,223,437,500 ENA coins and the max. supply is not available.
Long
by DEXWireNews
ENA at Support – Is Ethena Still Alive?📉 ENA at Support – Is Ethena Still Alive? ENA is hovering around key support, and traders are watching closely. With Ethena's synthetic dollar (USDe) promising yields and major backers like Binance Labs, Fidelity, and Wintermute, the project still has institutional weight. But with the current downtrend, the question remains: Is ENA set for a bounce, or is confidence fading? 📌 Current Market Stats (From CoinMarketCap): 🔹 Price: $0.4139 (-7.56%) 🔹 Market Cap: $1.29B 🔹 Trading Volume: $192.93M (High liquidity) 🔹 ATH: $1.52 (-72% from peak) 📉 Key Levels to Watch: 🟢 Support Zone: $0.40 - $0.35 → Holding here could trigger a bounce 🔴 Break Below: $0.30 → Potential deeper sell-off 🚀 Upside Target: $1.10 resistance if bulls step in 💡 Is Ethena Still Alive? Strong Backing: Big-name investors are still involved High TVL ($6.7B) shows capital is locked in Market sentiment is shaky, but its synthetic dollar (USDe) is gaining adoption 🔮 Verdict? ENA looks oversold, and if support holds, a short-term reversal is possible. But if this level fails, expect further downside. 💬 What’s your take? Is this an opportunity or a trap? Let me know your thoughts below! One Love, The FXPROFESSOR 💙
Long
by FX_Professor
1
ENA/USDT - Potential Breakout in Long-Term DowntrendHello traders! Let's take a look at the ENA/USDT price chart. As you can observe, the price has been locked in a long-term downtrend , contained within a descending macro channel . Recent Price Action: Over the past 24 hours, ENA has shown signs of a potential reversal. The price has entered a mini-uptrend channel and is currently approaching the upper boundary (ceiling) of the larger, descending macro channel. This creates the possibility of a breakout from the long-term downtrend. Potential Breakout Scenario: Given the potential increase in altcoin trading volume, I believe there's a strong likelihood that ENA could break through the macro channel's resistance level, located around $1.060 . If this breakout occurs, I anticipate a continued upward movement towards the following targets: First targets: Target 1: $0.9875 Target 2: $1.0500 Then: Target 1: $1.20 Target 2: $1.35 Target 3: $1.52 mportant Note on Price Correction: It's crucial to acknowledge that after a potential breakout above the macro channel's ceiling, a price correction is likely to follow. This is a normal market behavior after a significant upward move and should be anticipated. Disclaimer: This analysis represents my personal perspective and should not be considered financial advice. The cryptocurrency market is inherently volatile, and past performance is not a guarantee of future results. Always conduct your own research and manage your risk accordingly before making any trading decisions. Good luck with your trades!
Long
by Arash-RK