$ENA Ethena is up 2.00%, with substantial spot volume inflow and bullish divergence on the 1-hour chart. The supplied Binance trading tournament, running October 21–28, provides a potential volume catalyst. Stable futures open interest suggests spot-led activity, but post-unlock allocation selling remains a risk. Confirmation around the lower range boundary is important before committing to a trade.
📈 Bias: Bullish | 🎯 Entry: $0.1920–$0.1980 | 🛡 Support: $0.1850 / $0.1700 | 🚧 Resistance: $0.2200 / $0.2450 | 🎯 Targets: $0.2150 / $0.2350 / $0.2600 | ❌ Invalidation: $0.1800
Strategy: Consider an entry only if the lower-range setup holds and bullish momentum confirms. Avoid chasing an extended move.
#ENA #Ethena #CryptoTrading #Altcoins #BinanceSquare
📈 Bias: Bullish | 🎯 Entry: $0.1920–$0.1980 | 🛡 Support: $0.1850 / $0.1700 | 🚧 Resistance: $0.2200 / $0.2450 | 🎯 Targets: $0.2150 / $0.2350 / $0.2600 | ❌ Invalidation: $0.1800
Strategy: Consider an entry only if the lower-range setup holds and bullish momentum confirms. Avoid chasing an extended move.
#ENA #Ethena #CryptoTrading #Altcoins #BinanceSquare