$ENA The macro structure technically remains upward, but price is currently testing the key support area around 0.23
· Short-term (1H): Bearish. Price is forming lower highs (0.25, 0.24) and lower lows (0.23, 0.22). However, sell volume appears to be declining, suggesting that downside momentum around the 0.23 level may be fading
📈 Long scenario (preferred)
· Background: The macro trend is still upward, so we prioritize buying the dip near strong support zones.
· $ENA Long entry: 0.22 - 0.23 (current support zone)
· Stop-loss (SL): Below 0.20
· Take-profit (TP): 0.25 (local resistance), 0.27 (mid-range), 0.29 (recent high)
Support me by trading right here👇
#ena #ethena
· Short-term (1H): Bearish. Price is forming lower highs (0.25, 0.24) and lower lows (0.23, 0.22). However, sell volume appears to be declining, suggesting that downside momentum around the 0.23 level may be fading
📈 Long scenario (preferred)
· Background: The macro trend is still upward, so we prioritize buying the dip near strong support zones.
· $ENA Long entry: 0.22 - 0.23 (current support zone)
· Stop-loss (SL): Below 0.20
· Take-profit (TP): 0.25 (local resistance), 0.27 (mid-range), 0.29 (recent high)
Support me by trading right here👇
#ena #ethena
