$ENA | Long Setup ๐
๐ Entry Price: $0.20 โ $0.24
๐ Stop Loss (SL): $0.16
๐ฏ Targets (TP):
โข TP1: $0.30
โข TP2: $0.42
โข TP3: $0.60+
โก Leverage: 10x โ 25x
๐ Signal Notes (Quick Analysis):
โข $ENA (Ethena) is currently trading around ~$0.20โ$0.24 USD, showing mixed sentiment with frequent volatility.
โข Analysts have previously identified strong bull potential from lower breakout zones, with higher targets seen above $0.30 and extending toward $1+ in broader rallies.
โข Recent technical context shows both bearish pressure and oversold conditions that can lead to short squeezes or rebounds, making this long setup favorable from current range.
โข If ENA breaks down below $0.16, this long signal becomes invalid.
โ ๏ธ Risk Reminder: ENA is volatile and influenced heavily by tokenomics, DeFi adoption, and market sentiment โ always check your own chart and manage risk before entering.