$ENA 📈 IS BACK AT THE GOLDEN POCKET! Can bulls trigger the next breakout? 👀
$ENA just surged 8.66% in 24 hours and is now testing the critical $0.169–$0.187 demand zone.
📊 Here's what traders need to know:
• Open Interest: +15.30% 📈
• Funding rates: Positive, showing bullish positioning.
• Spot CVD: Still declining, warning that spot buying demand remains weak.
🎯 Key levels to watch:
🟢 Hold $0.169–$0.170: Potential rebound toward $0.20, then $0.23–$0.263.
🔴 Break below $0.169: Further downside risk toward $0.15–$0.14.
My take: Don't chase the pump. Wait for a bullish reaction and trendline breakout before entering. Confirmation is key!
Will ENA bounce or break down? 👇
#ENA #Ethena