$ENA 0,276 — broke the overnight top 0,261, then straight up to 0,278.
The 15m and 1H timeframes are both trending up; the 15m has already confirmed the increasing momentum.
This afternoon it pushed to 0,264, then pulled back to 0,252 and held. When PCE came out at 19:30, it surged again; the 15m candle at 20:45 was the biggest of the day.
Open interest in the Futures contract rose from 140 to 165 million USD, mostly from 15:00 to now. Funding is still low—nothing heated yet.
The smaller timeframe is stretched; it’s been running straight without any pause. I’m waiting for it to cool off before deciding.
Above: 0,278, then 0,285–0,295, the peak zone of 26–27/9.
Below: 0,268–0,270, then 0,261. If 0,252 breaks, this leg is broken.
0,27 — should we rest here, or drop back to 0,261?
Personal observation only, not investment advice. Risk 1%—there’s always a stop point.
#ENA #Ethena $ENA
The 15m and 1H timeframes are both trending up; the 15m has already confirmed the increasing momentum.
This afternoon it pushed to 0,264, then pulled back to 0,252 and held. When PCE came out at 19:30, it surged again; the 15m candle at 20:45 was the biggest of the day.
Open interest in the Futures contract rose from 140 to 165 million USD, mostly from 15:00 to now. Funding is still low—nothing heated yet.
The smaller timeframe is stretched; it’s been running straight without any pause. I’m waiting for it to cool off before deciding.
Above: 0,278, then 0,285–0,295, the peak zone of 26–27/9.
Below: 0,268–0,270, then 0,261. If 0,252 breaks, this leg is broken.
0,27 — should we rest here, or drop back to 0,261?
Personal observation only, not investment advice. Risk 1%—there’s always a stop point.
#ENA #Ethena $ENA
