Market Summary:

• Total Capitalization: $3.22T (+3.59%) with slight recovery after corrections.
• BTC: $93,046 (-8.8%), support at $90K, resistance at $95K.
• ETH: $3,115 (-15.78%), pressured by altcoin sales.
• Sentiment: Greed Index at 62/100, investors cautious.
• Altcoins: Significant declines (DOGE -26%, ADA -20%), showing capital flight to BTC or stablecoins.
• ETFs: Negative volume (BTC: -$671M; ETH: -$60M), signaling institutional bearishness.

Healthy correction, focus on support and resistance for future trends!$BTC $ETH $XRP

#btc

Ethena (ENA) Analysis

Current Price

• $0.9430
• 24h Change: -11.40%
• 7-day Change: -11.00%
• 30-day Performance: +73.09%
• 90-day Performance: +267%

Support and Resistance

• Primary Support: $0.940 (important short-term defense line).
• Next Support: $0.920 (sensitive zone if the price breaks the current support).
• Primary Resistance: $1.07 (50-period average, indicating strong selling pressure).
• Secondary Resistance: $1.20 (strongest resistance in bullish scenarios).

Current Trend

The Ethena (ENA) coin is in correction after a period of exponential growth of 73% in the last 30 days. The Stochastic RSI is indicating an oversold zone in the short term, suggesting a possible reversal if the $0.94 support is held.

Target Strategies

Bullish:
• Target 1: $1.07
• Target 2: $1.20 (bullish scenario in case of breakout).
• Extended Target: $1.32 (significant upside zone if the market resumes bullish trend).

Bearish:
• Target 1: $0.92
• Target 2: $0.87 (recent bottom and critical support).
• Extended Target: $0.78 (strong retracement zone in case of intense selling).

Summary

• Bullish Scenario: Reaching resistances of $1.07 and $1.20 with breakout of moving averages.
• Bearish Scenario: Breaking support at $0.94 and falling to $0.92 or below. • Technical Signal: RSI in oversold suggests possibility of reversal in the short term.

Warning: This analysis does not constitute investment advice. Always assess risks before trading.

#ena #ethena $ENA

$ENA Ethena (ENA) Market Summary Today:

• Current Price: $1.0633 (up 1.81% in the last 24h).

• Weekly Performance: Down 0.87%.

• Monthly Performance: Impressive growth of 94.07%.

• 90-Day Performance: Significant increase of 312%.

Price Trend:

• The chart shows a slight recovery after touching the supports at $1.0197.

• The price remains above the short-term EMA (7) ($1.094), indicating slight optimism in the short term.

Volume and Activity:

• Volatility is moderate, with correction movements, but still bullish in the medium-term scenario due to confidence in the project and growing adoption of backed stablecoins.

Fundamental Highlight:

• Ethena’s stability and innovation continue to be key, with strategies such as delta hedging and collateral support from major funds such as BlackRock strengthening the stablecoin market.

Overview:

The Ethena market is consolidating after significant gains in recent months. Confidence in its stablecoin solutions and backing keeps the project attractive, but traders should be wary of resistance above $1.10 and support at $1.02.

#ena #ethena