💰 Ethena ($ENA ) on the watchlist… Is it gearing up for a new breakout?
ENA is currently consolidating above the key support level of $0.0850, indicating that the price is holding onto an important zone that could dictate the next trend.
📌 Bullish Scenario:
If the price retraces to test $0.0850 and manages to hold above it, that could be a clear signal for continued momentum and the start of a strong bullish wave.
🎯 Next Major Target:
The liquidity zone at the previous high of $0.1185
👀 This area will be the key to the next movement, as maintaining the current support could give buyers a clear advantage in pushing the price to higher levels.
Do you think ENA is ready for a new breakout, or does the market still need more consolidation?
$ENA
#ENA #Ethena #Crypto #BinanceSquare #Altcoins #Trading #PriceAction #DYOR
ENA is currently consolidating above the key support level of $0.0850, indicating that the price is holding onto an important zone that could dictate the next trend.
📌 Bullish Scenario:
If the price retraces to test $0.0850 and manages to hold above it, that could be a clear signal for continued momentum and the start of a strong bullish wave.
🎯 Next Major Target:
The liquidity zone at the previous high of $0.1185
👀 This area will be the key to the next movement, as maintaining the current support could give buyers a clear advantage in pushing the price to higher levels.
Do you think ENA is ready for a new breakout, or does the market still need more consolidation?
$ENA
#ENA #Ethena #Crypto #BinanceSquare #Altcoins #Trading #PriceAction #DYOR