$ENA ENA/USDT Professional Signal
Current Context: ENA is consolidating near its all-time low ($0.1718). Whales and the Ethena team have been accumulating (approx. $10M) despite the recent 25% weekly drop.
⚡ TRADE SETUP
Direction: Long (Buy)
Entry Zone: $0.1730 – $0.1770
Stop Loss (SL): $0.1680 (Daily close below recent lows)
🎯 TARGETS
TP1: $0.1980 (Quick 12% gain / Initial resistance)
TP2: $0.2150 (Psychological level / EMA 50)
TP3: $0.2350 (Trend reversal confirmation)
🛠️ ANALYSIS SUMMARY
Risk/Reward: ~1:3.4
Bullish Case: Institutional accumulation at "floor" prices and RSI nearing oversold territory suggest a bounce is overdue.
Bearish Risk: Binance recently removed the ENA/BNB pair (Jan 23), which may temporarily impact liquidity, though USDT volume remains high.