$ENA breakout or pullback? 👀
Ethena is showing solid momentum, sitting around 0.28366 after a move. The key area now is 0.2857–0.2899 this zone needs a clean breakout and hold before I’d consider chasing.
My setup is simple:
Entry: 0.2760–0.2820
SL: 0.2690
TP1: 0.2899
TP2: 0.3000
TP3: 0.3150
If ENA gets rejected around 0.285–0.290, I’d rather wait for a pullback toward 0.2716 than enter emotionally. If buyers flip 0.2899 into support with volume, the structure can open room higher.
Volume is already strong, so confirmation matters more than FOMO. Manage risk and never treat one setup as guaranteed.
#ENA #Ethena #Crypto #BinanceSquare #BitwiseFilesFinalNEARSpotETFProspectus
Ethena is showing solid momentum, sitting around 0.28366 after a move. The key area now is 0.2857–0.2899 this zone needs a clean breakout and hold before I’d consider chasing.
My setup is simple:
Entry: 0.2760–0.2820
SL: 0.2690
TP1: 0.2899
TP2: 0.3000
TP3: 0.3150
If ENA gets rejected around 0.285–0.290, I’d rather wait for a pullback toward 0.2716 than enter emotionally. If buyers flip 0.2899 into support with volume, the structure can open room higher.
Volume is already strong, so confirmation matters more than FOMO. Manage risk and never treat one setup as guaranteed.
#ENA #Ethena #Crypto #BinanceSquare #BitwiseFilesFinalNEARSpotETFProspectus
