$ENA JUST BROKE ABOVE A 4-DAY RESISTANCE
ENA has finally pushed through the $0.2303 resistance that has been holding price down for the last 4 days.
Now the key is simple:
Can ENA close today above $0.2303?
If buyers hold this breakout, I’m looking for:
** $0.25
** $0.30
The momentum is already strong, and Ethena’s 95% revenue-to-ENA buyback plan adds another major catalyst to the story.
But a daily close back below $0.2303 could mean the breakout needs more time to develop.
$0.2303 breakout confirmed or fakeout?
$ENA #BitcoinSpotETFsNetInflow$191M #CFTCUpdatesGuidanceOnTokenizedAssets #BitgetSays$352MAffectedInHack
ENA has finally pushed through the $0.2303 resistance that has been holding price down for the last 4 days.
Now the key is simple:
Can ENA close today above $0.2303?
If buyers hold this breakout, I’m looking for:
** $0.25
** $0.30
The momentum is already strong, and Ethena’s 95% revenue-to-ENA buyback plan adds another major catalyst to the story.
But a daily close back below $0.2303 could mean the breakout needs more time to develop.
$0.2303 breakout confirmed or fakeout?
$ENA #BitcoinSpotETFsNetInflow$191M #CFTCUpdatesGuidanceOnTokenizedAssets #BitgetSays$352MAffectedInHack