๐ ETHENA ENTERS THE STOCK MARKET: $ENA ACTIVATES A DEFLATIONARY SCENARIO!
Partnership with Binance has opened up a market for USDe in tokenized stocks (bStocks) and delta-neutral perp shorts. Now the stablecoinโs yield is backed not only by crypto, but also by TradFi! In parallel, a buyback mechanism has been approved โ $ENA funded by protocol revenues.
Price 0.2866, local high $0.2946. RSI(6) at 89 โ strong overheating, but high volume at 48.79M USDT confirms bullish pressure. The key support level 0.2541 keeps the trend intact.
Setup:
Entry: $0.2650 โ $0.2870
TP: $0.3050 / $0.3500 / $0.4200
SL: $0.2450
bStocks integration and the buyback are powerful fuel for $ENA . Do you enter from the market or wait for RSI to cool down to $0.265? ๐
#ENA #ethena #crypto #BinanceSquare
Partnership with Binance has opened up a market for USDe in tokenized stocks (bStocks) and delta-neutral perp shorts. Now the stablecoinโs yield is backed not only by crypto, but also by TradFi! In parallel, a buyback mechanism has been approved โ $ENA funded by protocol revenues.
Price 0.2866, local high $0.2946. RSI(6) at 89 โ strong overheating, but high volume at 48.79M USDT confirms bullish pressure. The key support level 0.2541 keeps the trend intact.
Setup:
Entry: $0.2650 โ $0.2870
TP: $0.3050 / $0.3500 / $0.4200
SL: $0.2450
bStocks integration and the buyback are powerful fuel for $ENA . Do you enter from the market or wait for RSI to cool down to $0.265? ๐
#ENA #ethena #crypto #BinanceSquare
