๐จ UPDATE ๐จ $ENA Analysis Proves Remarkably Accurate! ๐ฎ My previous analysis warned of a potential breakout or breakdown in Ethena's price movement, and ENA has been putting on a show! ๐คฏ
Here's what happened:
๐ ENA surged to a high of $0.453, breaking above the $0.439 and $0.446 resistance levels ๐, just as I predicted!
๐ It attempted to conquer the $0.455 and $0.460 resistance levels but fell short, aligning with my analysis that overcoming these levels would require significant market strength ๐ช.
๐ Then, it plummeted to a low of $0.413, testing the $0.427 and $0.423 support levels ๐, which held strong, just as I forecasted!
The only level ENA/USDT couldn't break was the $0.415 support level, which I mentioned would become crucial in case of a breakdown ๐.
My analysis proved remarkably accurate, with ENA's price movement closely following the outlined scenarios ๐ฎ. The next move will still be crucial, but one thing is clear: Ethena is a force to be reckoned with! ๐ช Stay tuned for further updates!
