Is #ENAUSDT Ready to Rally or Fall Further? Key Levels to Watch Yello, Paradisers! Is #ENAUSDT ready to make a massive bullish move and slide down further? Let's discuss #Ethena analysis and see what's happening:
💎#ENA is showing promising signs of a bullish continuation and holding steady at the crucial support zone between $0.254 and $0.300. We've been closely watching its journey within a Descending Broadening Wedge pattern, and now, #Ethena looks poised to test the descending resistance line—a potential turning point.
💎Volume has remained robust, and with #ENA marking its all-time low just one month ago, we may be setting up for a strong rebound. As the saying goes, "Once we hit bottom, the only place to go is up," and this could be unfolding right now.
💎If #ENAUSDT can maintain strength at its current level, we could be on the verge of a significant rally. A breakout above the $0.470 minor resistance zone would open the path to higher targets and potentially even new highs.
💎However, if momentum weakens around this support zone, a pullback toward the lower demand area near $0.204 could be in store. A daily close below this demand zone would invalidate our bullish outlook and could signal more downside risk.
Stay vigilant, Paradisers, and closely monitor #ENA's price action.
MyCryptoParadise
iFeel the success🌴
ENAUSDT
#ENA/USDT#ENA
The price is moving in a descending channel on the 4-hour frame upwards and is expected to continue.
We have a trend to stabilize above the moving average 100 again.
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards.
We have a support area at the lower limit of the channel at a price of 0.33100.3800.
Entry price 0.2800.
First target 0.4174.
Second target 0.4435.
Third target 0.4637.
ENA USDTENA chart shows the price behavior within a descending channel. The price has been respecting the channel boundaries, with each peak and trough aligning with the upper and lower trendlines. The price of ENA has been rejected from the upper boundary of the descending channel and the resistance zone (Green) at $0.4203 - $0.4462 many times.
Everything is on the chart
ENA/USDT: Bull Flag Breakout! Strong Bullish Setup in Play!!Hey everyone!
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ENA is looking strong right now! It is breaking out from the bull flag pattern and a successful retest is also done. Long some at CMP and add more in the dip.
Entry range: CMP and add more up to $0.36
Targets:- $0.44/$0.50/$0.57/$0.64
SL: $0.345
Lev: Use low leverage (Max 5x)
What do you think of ENA’s price action? I’m seeing a strong bullish setup here! Share your insights and analysis in the comments below!
$ENA - dPOC and ImbalancesRecently, there’s been a noticeable increase in VC/KOL backing Ethena (ENA).
XETR:ENA has broken out above $0.30 and now price is at key resistance at 0.46
Stay below 0.445 on the hourly chart, and we could see a decline toward the 0.40 to 0.38 range (wVAP) . A bounce is likely here, followed by a potential retest of 0.44 (dPOC) .
Any rejection we get at 0.44, I'm expecting for the singleprints to be filled at 0.36 to 0.28 zone.
#ENA/USDT#ENA
The price has broken the descending channel on the 1-hour frame. To the upside and is expected to continue
We have a trend to stabilize above the moving average 100 again
We have an upward trend on the RSI indicator that supports the rise by breaking it to the upside
We have a support area at the lower limit of the channel at a price of 0.2700
Entry price 0.2900
First target 0.3300
Second target 0.3609
Third target 0.3963
Is ENAUSDT About to Skyrocket or Fake You Out? Yello Paradisers ! Is #ENAUSDT finally ready to reverse its trend, or is this just a trap for unsuspecting traders? Let's dive into what we see in the charts and break down the key zones for you!
💎#ENAUSDT has been in a clear downtrend for several days, forming lower lows and lower highs on the lower time frames. It has been consistently trading within a descending resistance trendline, but there’s a critical shift: a breakout and retest of this trendline have recently taken place, along with a liquidity sweep that perfectly tapped into a major demand zone.
💎Now, the pair has managed to reclaim a previous support zone and is holding just above it. This change in behavior signals a potential bottoming formation, especially as we see the RSI showing signs of exhaustion. On top of that, a bullish divergence is building up, adding more weight to the case for a probable reversal.
💎The pair now has probability upside move towards the resistance zone at 0.3121, and if accumulation continues with strong buying volume, we could see a push towards the next resistances at 0.3388 and 0.3740. Keep a close watch on how it behaves around these levels, as they could define the next trend move.
💎However, don’t let your guard down! The trend setup will be invalidated if we see a 4-hour candle closing below the demand zone at 0.2563. Such a move would suggest that sellers are still in control, and this potential reversal could turn into a bear trap.
Stay sharp, Paradisers! Will this be a breakout or a fake-out? Only time—and disciplined trading—will tell!
MyCryptoParadise
iFeel the success🌴
#ENA/USDT#ENA
The price is moving in a descending channel on the 12-hour frame and is sticking to it to a large extent and it was broken upwards
We have a bounce from the lower limit of the channel at a price of 0.200
We have an upward trend on the RSI indicator, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 0.220
First target 0.257
Second target 0.286
Third target 0.322
ENAUSDTGood Luck >>
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The risk management of the position must comply with the stop loss.
(I am not sharing financial or investment advice, you should do your own research for your money.)
#ENA/USDT#ENA
We have a descending channel pattern on the 12-hour frame, the price is moving within it and adhering to its borders well
We have a support ar ea in green at a price of 0.800 after the price touched it and rebounded from it
We have a trend to stabilize above the moving average 100
We have a descending trend on the RSI indicator that supports the price upwards and is expected to break it
Entry price 0.2900
First target 0.330
Second target 0.355.
Third target 0.386
#ENA/USDT#ENA
The price is moving in a descending channel on the 1-hour frame and is about to break upwards
We have a trend to stabilize above the 100 moving average
We have an upward trend on the RSI indicator
We have a major support area in green at a price of 0.220
Entry price 0.240
First target 0.288
Second target 0.320
Third target 0.358
ENA - A reversal is inevitable #ENA/USDT #Analysis
Description
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+ The price has formed a channel and is currently trading within it.
+ A clear breakout from the channel could trigger a bullish trend.
+ A minor correction is expected before the trend reverses.
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VectorAlgo Trade Details
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Entry Price: 0.35
Stop Loss: 0.27
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Target 1: 0.39
Target 2: 0.44
Target 3: 0.51
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Timeframe: 4H
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
ENA in an impulse?If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment!
Looks like an impulse may be coming in here.
Want to see a break of the low then a reversal back above it for at least a retrace of the larger degree.
LL first for this idea.
If it breaks up before breaking .256 will have to reconsider.
Trade Safe!
Trade Clarity!
ENAUSDT - LONG SIGNAL✉️ Pair: ENAUSDT
📈 Direction: Long
💯 Leverage: Cross 5x - 10x - 20x
📊 Entry1: 0.430 USD
📊 Entry2: 0.410 USD
✅ Target 1: 0.480 USD
✅ Target 2: 0.550 USD
✅ Target 3: 0.620 USD
✅ Target 4: 0.700 USD
⛔️ Stop Loss: 0.350 USD
Manage your risk – never trade more than 1% of your capital on a single trade.
🔔 For more updates, follow me and don`t forget to hit the BOOST :D
#ENA/USDT#ENA
The price is moving within a descending channel pattern on the 1-hour frame and broke it upwards after adhering to it significantly
We have a downtrend on the RSI indicator and it was broken upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 0.400
We have a trend to dot higher than the 100 moving average
Entry price 0.400
First target 0.434
Second target 0.458
Third target 0.483
Short position on ENAUSDT 49Min/ Trading setupBINANCE:ENAUSDT
BITFINEX:ENAUSD
SL2 ---- Mid-risk status: 4x-5x Leverage
SL1 ---- Low-risk status: 2x-3x Leverage
⚡️TP:
0.439
0.429
0.425
0.4208
0.4167
0.4132
0.4090(In Optimistic Scenario)
➡️SL:
0.4617
0.47
The Alternate scenario:
If the price stabilize above the trigger zone, and stabilize above resistance line, the setup will be cancelled.
#ENA/USDT#ENA
The price is moving below a downtrend on a 1-hour frame, and the trend is being tested now and is about to break to the upside.
We have a bounce from the green support area at 0.340
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that is about to break higher and supports the rise
Entry price is 0.350
The first goal is 0.411
The second goal is 0.453
The third goal is 0.495
#ENA/USDT#ENA
The price is moving within a bearish channel pattern on the 4-hour frame, which is a strong retracement pattern
We have a bounce from a major support area in the color EUR at 0.470
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that supports the rise and gives greater momentum and the price is based on it
Entry price is 0.500
The first goal is 0.566
The second goal is 0.618
Third goal: 0.672