ENA Defends Critical $0.20 Floor: Is a Rally to $0.28 Next?
Buyers have officially stepped in to back the macro bullish thesis for Ethena (ENA). After dipping down to test liquidity near $0.2276, aggressive buying volume triggered a sharp reversal back toward $0.257.
The main pivot level to watch right now is $0.260. A clean breakdown above this immediate supply zone opens up clear room for expansion toward $0.272, with an extended target sitting at $0.281.
Key Trading Setup:
Upside Focus: Break & close above $0.260 \rightarrow Targets 0.272 and 0.281
Downside Risk: Immediate pullback support lies between $0.228–$0.233
Macro Line in the Sand: $0.200
As long as price action trades above the major $0.20 structural floor, the bias remains strictly upward. Watch for confirmation on the 4H candle close above $0.260 before anticipating the next impulse move.
$ENA
#DriftHackVictimsBeginClaims #GreekPoliceBustCryptoScamRingArrest17
Buyers have officially stepped in to back the macro bullish thesis for Ethena (ENA). After dipping down to test liquidity near $0.2276, aggressive buying volume triggered a sharp reversal back toward $0.257.
The main pivot level to watch right now is $0.260. A clean breakdown above this immediate supply zone opens up clear room for expansion toward $0.272, with an extended target sitting at $0.281.
Key Trading Setup:
Upside Focus: Break & close above $0.260 \rightarrow Targets 0.272 and 0.281
Downside Risk: Immediate pullback support lies between $0.228–$0.233
Macro Line in the Sand: $0.200
As long as price action trades above the major $0.20 structural floor, the bias remains strictly upward. Watch for confirmation on the 4H candle close above $0.260 before anticipating the next impulse move.
$ENA
#DriftHackVictimsBeginClaims #GreekPoliceBustCryptoScamRingArrest17
