📈LONG: $ENA (1W)

#ENAUSDT | #ENA | #Ethena

Current Price $0.72

Market Cap $2.05B

Change 1h -0.92% | 24h +13.95%

Weekly Indicators:

• RSI: 56 - Neutral 🟠

• MACD: -0 - Bearish 🔴

• EMA: 0.55 - Trading Above 🟢

Analysis:

The $ENA/USDT pair shows a bullish trend, breaking through the downward resistance line. A strong entry point is at $0.5309 on a support retest. It’s crucial to watch the support levels since a breach might lead to lower prices.

Price Targets:

There’s an exciting potential for gains with T1 at $0.8571, T2 at $1.0784, and T3 at $1.5094. These targets indicate significant upside potential for investors eyeing a bullish run. Stay cautious and keep an eye on support!

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