@sarnexlid
š ENA/USDT at a Crucial Turning Point ā Breakout or Breakdown?
Ethena (ENA) is trading around $0.654, showing a daily dip of nearly ā9%, after hitting a high of $0.735 and touching lows near $0.642.
š¹ Key Highlights:
Strong liquidity: $550M+ in 24h trading volume.
Support Zone: ~$0.64ā$0.65 holding steady.
Resistance: A push above $0.70 could trigger bullish momentum.
Market Outlook: Technicals remain neutral, but chart patterns hint at a possible falling wedge breakout.
ā” With ENA still far below its ATH of $1.52 (April 2024) yet well above its low of $0.195 (Sept 2024), traders are closely watching this zone for the next big move.
š Will ENA bounce back or continue its slide?
DYOR No Financial advice!
#ENA #tradingsignals #cryptonews #RedSeptember #TrumpTariffs
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