$ENA ➡️ Short-term (scalp/intraday):
SHORT bias
After strong hype move, momentum cooling down
Lower highs forming → weakness visible
Likely pullback toward support zones
➡️ Mid-term (swing):
LONG (on dips)
Ethena still has strong narrative (DeFi + stablecoin ecosystem)
Demand returns on dips → accumulation zones below
Break of recent highs = continuation rally
🔥 Binance Square Post:
ENA Update 📊
Short term:
➡️ Momentum fading → short opportunities
Mid-term:
➡️ Strong project → buy dips
Key Levels:
Resistance: recent high zone
Support: next demand zone below
Plan:
👉 Rejection = short
👉 Strong bounce = long
Bias: Short-term bearish, mid-term bullish