Ethena (ENA) is currently moving around a strong support zone. If the market turns slightly bearish, ENA may drop toward $0.22–$0.20. But if bullish momentum returns, the price could rebound back to $0.30–$0.35.
Traders are closely watching the key support level. $0.20 remains a major buy-zone for long-term entries.
$ENA 4H Range Midpoint Reclaimed – Bulls in Control
Trade Setup (Buy):
Entry Zone: 0.25 – 0.26
Take Profit:
TP1: 0.28
TP2: 0.32
TP3: 0.36
Stop Loss: 0.24 $ENA has reclaimed the 4H range midpoint, signaling bullish control. Buying within the entry zone gives the best risk-reward setup. Follow the trade plan: buy low, hold, and sell near your target levels to maximize profit. Market Guidance: Monitor real-time charts to identify the best entry. Trail your position and take profits according to targets. Current Price: 0.275 (-1.46%) Suggestion: Stick to the defined entry zone to reduce risk. Consider scaling into positions if the price tests lower levels within the entry range.