#MarketPullback
Ethena ($ENA ) has recovered from its historical lows to reach its all-time high (ATH) of $1.45, experiencing an upward trend with two re-accumulation phases under critical resistance zones. Key support levels are at $0.6844, $0.4234, and the curved ascending trendline, while resistance levels are at $1.2423 and $1.45. With volume aligning with price movements and the RSI above 50, the uptrend appears strong. If the ATH is broken, potential targets are $2 to $3.2. Trading recommendations include considering a long position if $1.2423 is broken and waiting for a breach of $0.8550 for a short position, while avoiding shorting without a confirmed trigger due to strong resistance.
#MarketPullback #CorePCESignalsShift #BTCNextMove #USUALBullRun