🧊 ENA down 6.92% to $0.1548 — but the RSI tells a story most people are missing.
4H RSI: 49.3. Dead neutral. Not oversold, not overbought. The price is consolidating, not crashing. MACD is actually positive (+0.0029) on the 4H. This isn't a bear attack — it's a cooling off period.
Daily picture is solid: RSI 67.3 (bullish), price well above SMA25 ($0.1130) and SMA99 ($0.0922). The macro uptrend is intact.
📊 Under the radar numbers:
Volume ratio: 0.39 (extremely thin selling — nobody is dumping)
L/S ratio: 1.65 (traders confident and net long)
Daily MACD: +0.0197 with expanding histogram
🎯 The Setup (Range Long):
Entry: $0.149 - $0.160
Stop Loss: $0.140
TP1: $0.161 | TP2: $0.167 | TP3: $0.173
With $57.7M in 24H volume, ENA has real liquidity — this isn't a thin market where you get trapped. The consolidation should resolve upward given the daily momentum.
If $0.149 support holds, we're golden. If it breaks, watch $0.140 as the last defense.
🤷 Quick poll: Are you accumulating ENA here or waiting for a deeper correction? Drop your strategy
#ENA #Ethena #DYOR
⚠️ Not financial advice. Always do your own research. Crypto is risky.
4H RSI: 49.3. Dead neutral. Not oversold, not overbought. The price is consolidating, not crashing. MACD is actually positive (+0.0029) on the 4H. This isn't a bear attack — it's a cooling off period.
Daily picture is solid: RSI 67.3 (bullish), price well above SMA25 ($0.1130) and SMA99 ($0.0922). The macro uptrend is intact.
📊 Under the radar numbers:
Volume ratio: 0.39 (extremely thin selling — nobody is dumping)
L/S ratio: 1.65 (traders confident and net long)
Daily MACD: +0.0197 with expanding histogram
🎯 The Setup (Range Long):
Entry: $0.149 - $0.160
Stop Loss: $0.140
TP1: $0.161 | TP2: $0.167 | TP3: $0.173
With $57.7M in 24H volume, ENA has real liquidity — this isn't a thin market where you get trapped. The consolidation should resolve upward given the daily momentum.
If $0.149 support holds, we're golden. If it breaks, watch $0.140 as the last defense.
🤷 Quick poll: Are you accumulating ENA here or waiting for a deeper correction? Drop your strategy
#ENA #Ethena #DYOR
⚠️ Not financial advice. Always do your own research. Crypto is risky.