PREDICCIÓN DE ETHENA #ENA #EthenaENA 💸💸$ENA

$ENA


ENAUSDT :
Here with another speculation about crypto assets. This time Ethena token with ENA ticker. Let’s take a look at the project’s information:
Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument — the 'Internet Bond'.
$ ENA
Market Cap: $ 3.61 B
Market Cap Rank: #46
Market Price: $ 1.23
ATH: $ 1.52 (-19.73%)
ATL: $ 0.19 (+523%)
Source: Coin Market Cap
Besides, Trump's World Liberty project spent 500K USDC to buy 509,955 ENA. Not much investment but shows that Ethena is in spotlight. That’s what we need for now from Ethena project. Okay then, let’s see what we have on the chart.
- W1:
Trend:
Price has been in an uptrend for 100 days. Price has broken 3 major resistances in this last week’s uptrend. The first resistance level was $ 0.5 smashed on the 7th. Nov. Price was rejected from another resistance and came back for an S/R test on that $ 0.5. With $ 0.5 proven as support, the price attempted to break another resistance at $0.68. Broken this level too and at its 3rd attempt. $0.77 broken easily and even a major supply of $ 1.05 ~ $ 1.15 was absorbed recently. This is the last known resistance level and will probably be touched again for the S/R test. I’ve marked important levels for a better understanding.
MAs:
On a daily time frame, we can see the golden cross and the Price move above all key MAs. This is bullish as long as it keeps this setup.
RSI:
on a daily time frame, RSI doesn’t look so good. Already in an overbought zone and a bearish divergence is on the chart. This means the price will more likely have a pullback or sideway move before any continuation. In the weekly time frame, we have RSI on the edge of the overbought zone but still have room to develop. This means, I expect a small pullback within the current week and then a bullish continuation to the new ATH.
Stoch. RSI:
Stochastic RSI is in good shape in the daily time frame. Bullish crossover in D1 and value is around 56 which shows strong momentum.
Volume: Volume increased in the daily time frame to validate the breakout from resistance levels.

Supports:
$ 1.00 ~ $ 1.14 broken resistance level
$ 0.95 Ma20 in D1
$ 0.67 Ma50 in D1 – Broken resistance level
$ 0.48 - $ 0.52 Demand zone- Ma200 in D1
Resistances:
$ 1.5 D1 ATH
Fibo extension levels
Conclusion:
All these opinions are mine and can be wrong, so please DYOR.
This coin has strong fundamental and technical advantages
My strategy goes as below:
🛒 Pair: ENA/ USDT 🛒
👑 Bitcharge 👑
🕰 16/12/2024 🕰
POSITION: 🟢"Buy"🟢
2 % of capital
🛒 Buy: $ 1.05 – $ 1.15 🛒
👉Sell Targets👈
🎯TP1: $ 1.30 🥉
🎯TP2: $ 1.45 🥈
🎯TP3: $ 1.65 🥇
🎯TP4: $ 1.85 🚁
🎯TP5: $ 2.05 ✈️
🎯TP6: $ 2.30 🚀
🎯TP7: $ 2.50 🛰
🎯TP8: $ 2.80 🛰
🎯TP9: $ 3.20 ✨
🎯TP10: $ 3.50 ⭐️
⛔️ SL: $ 0.80 ⛔️ by closing D1 Below
(DYOR)