📈 ENA quietly breaking above its 99-day SMA while everyone's watching VIC. That's how trends start.
At $0.0923, Ethena is up 5.2% with positive MACD crossovers on both 4H and daily timeframes. The 4H RSI at 67.2 shows momentum building — not overheated, just strong enough.
What I like: longs outnumber shorts 1.88:1, and the price is testing the SMA99 daily at $0.0919 from ABOVE. If this holds as support, it's a textbook bullish reclaim.
🎯 The Plan:
• Entry: $0.085-$0.092 (scale on pullbacks)
• Stop: $0.078 (below breakout level)
• TP1: $0.10 | TP2: $0.12
⚠️ The catch: volume is actually declining (0.8x average). For this move to sustain, we need volume expansion. Without it, this could be a fakeout above the SMA99.
The DeFi narrative is quietly gaining traction again, and ENA could be one of the stealth plays if the sector heats up.
👇 Is ENA on your watchlist? What's your entry price? Let's discuss.
#ENA #DeFi #DYOR
⚠️ Disclaimer: Personal analysis, not financial advice. Always do your own research before trading.
At $0.0923, Ethena is up 5.2% with positive MACD crossovers on both 4H and daily timeframes. The 4H RSI at 67.2 shows momentum building — not overheated, just strong enough.
What I like: longs outnumber shorts 1.88:1, and the price is testing the SMA99 daily at $0.0919 from ABOVE. If this holds as support, it's a textbook bullish reclaim.
🎯 The Plan:
• Entry: $0.085-$0.092 (scale on pullbacks)
• Stop: $0.078 (below breakout level)
• TP1: $0.10 | TP2: $0.12
⚠️ The catch: volume is actually declining (0.8x average). For this move to sustain, we need volume expansion. Without it, this could be a fakeout above the SMA99.
The DeFi narrative is quietly gaining traction again, and ENA could be one of the stealth plays if the sector heats up.
👇 Is ENA on your watchlist? What's your entry price? Let's discuss.
#ENA #DeFi #DYOR
⚠️ Disclaimer: Personal analysis, not financial advice. Always do your own research before trading.