$ENA is still holding a bullish structure, but the 15M chart shows a short-term cooldown after the rejection from $0.2800. Price is currently around $0.2672, sitting slightly below the 7-MA ($0.2717) and 25-MA ($0.2694), while the 99-MA remains much lower at $0.2525. The sharp volume expansion confirms strong participation, while the short RSI around 37 suggests the recent pullback has already cooled momentum.
For confirmation, I’d watch the $0.270–$0.272 zone closely. A clean 15M close above it can reopen the path toward the recent high.
Trade Signal: LONG
Entry: $0.270–$0.272
TP1: $0.276
TP2: $0.280
TP3: $0.288
SL: $0.2625
If $0.2625 breaks decisively, this setup is invalidated.
#ENA #ethena #ethena_labs
For confirmation, I’d watch the $0.270–$0.272 zone closely. A clean 15M close above it can reopen the path toward the recent high.
Trade Signal: LONG
Entry: $0.270–$0.272
TP1: $0.276
TP2: $0.280
TP3: $0.288
SL: $0.2625
If $0.2625 breaks decisively, this setup is invalidated.
#ENA #ethena #ethena_labs