$ENA Ethena is displaying aggressive bullish momentum following a 23.81% daily gain and a major volume expansion. OI increased 28%, while negative funding during the rally points to short-squeeze mechanics in the supplied data. The structure remains highly volatile, making the $0.640–$0.665 pullback zone important for the setup. Resistance begins around $0.720, with higher targets extending toward $0.850.
📈 Bias: Aggressive Bullish Momentum | 🎯 Entry: $0.640–$0.665 | 🛡 Support: $0.615 / $0.550 | 🚧 Resistance: $0.720 / $0.810 | 🎯 Targets: $0.718 / $0.785 / $0.850 | ❌ Invalidation: Close below $0.590
Strategy: Pullback entry or confirmation after volatility expansion, with risk controlled around the stated invalidation.
#ENA #Ethena #CryptoTrading #Altcoins #BinanceSquare
📈 Bias: Aggressive Bullish Momentum | 🎯 Entry: $0.640–$0.665 | 🛡 Support: $0.615 / $0.550 | 🚧 Resistance: $0.720 / $0.810 | 🎯 Targets: $0.718 / $0.785 / $0.850 | ❌ Invalidation: Close below $0.590
Strategy: Pullback entry or confirmation after volatility expansion, with risk controlled around the stated invalidation.
#ENA #Ethena #CryptoTrading #Altcoins #BinanceSquare
