🚀 Ethena (
$ENA ) Breaks Resistance: What’s Next?
Ethena (
$ENA ) has surged past a key resistance level, currently trading at $0.433, up 3.48% today. With bullish momentum building, can ENA push even higher? Let’s analyze!
📊 Price Targets
🔹 Immediate Resistance: $0.450 🎯
🔹 Next Breakout Zone: $0.480 - $0.500 🚀
🔹 Major Resistance: $0.550 - $0.600 🌕
📈 Trading Strategy
🎯 Accumulation Zone: Buying around $0.420 - $0.430 for potential upside.
🔄 Breakout Confirmation: A strong move above $0.450 with volume can confirm further bullish momentum. 📊📈
🛑 Stop-Loss: $0.410 to manage downside risk. ⚠️
🔍 Indicators to Watch
📊 RSI (Relative Strength Index): Approaching overbought levels (70+), watch for a potential breakout or correction. 🔥
📈 Volume Surge: Increased buy volume can confirm bullish strength. 📊
📉 Moving Averages: A bullish crossover could signal further upside. 📈
With momentum building, will ENA continue its climb toward $0.50 and beyond? Let’s discuss! 👇🔥
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#ENA coin here 👇