$ENA | Long Setup š

š Entry Price: $0.20 ā $0.24
š Stop Loss (SL): $0.16
šÆ Targets (TP):
⢠TP1: $0.30
⢠TP2: $0.42
⢠TP3: $0.60+
ā” Leverage: 10x ā 25x
š Signal Notes (Quick Analysis):
⢠$ENA (Ethena) is currently trading around ~$0.20ā$0.24 USD, showing mixed sentiment with frequent volatility.
⢠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.
⢠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.
⢠If ENA breaks down below $0.16, this long signal becomes invalid.
ā ļø Risk Reminder: ENA is volatile and influenced heavily by tokenomics, DeFi adoption, and market sentiment ā always check your own chart and manage risk before entering.