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๐ ENA / USDT Analysis - Quick
ENA is flying today, up +2.18% and reaching 0.2018$ ๐
What's going on?
โ The overall trend is still bullish, with the price above the 99-day average (0.1952)
โ ๏ธ It's taking a little breather below 0.2021 as people take profits
๐ฅ Good news: a large wallet withdrew 117 million tokens from exchanges, which means there's no intention to sell anytime soon
Next resistance: $0.2046
Support: $0.2009
If it breaks resistance on high volume, it could keep moving up. If you're entering a new position, wait for it to hold above 0.2021
Not financial adviceโjust a chart read
#ENA #Ethena #CryptoAnalysis #Crypto #Binance
๐ ENA / USDT Analysis - Quick
ENA is flying today, up +2.18% and reaching 0.2018$ ๐
What's going on?
โ The overall trend is still bullish, with the price above the 99-day average (0.1952)
โ ๏ธ It's taking a little breather below 0.2021 as people take profits
๐ฅ Good news: a large wallet withdrew 117 million tokens from exchanges, which means there's no intention to sell anytime soon
Next resistance: $0.2046
Support: $0.2009
If it breaks resistance on high volume, it could keep moving up. If you're entering a new position, wait for it to hold above 0.2021
Not financial adviceโjust a chart read
#ENA #Ethena #CryptoAnalysis #Crypto #Binance