Cena Ethena cionENA

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🐳 JUST IN: 6.10M $ENA #ENA ($1.58M) transferred from 0x9974 to #Binance.

🔥 $ENA Long Setup – The Bounce Might Be Loading… $ENA is sitting right on a high-pressure zone, and the market is gearing up for a decisive move. Price is holding the crucial $0.2460 – $0.2530 entry zone, and bulls are quietly preparing for a comeback. The EMA50 at $0.2668 is acting like a battle-tested ceiling, rejecting every breakout attempt—but once price cracks it, momentum can flip fast. RSI is low at 38.96, giving plenty of space for an upside push, while the MACD deep below zero signals heavy bearish momentum… yet also hints that a short-term reversal bounce is brewing. 🎯 Trade Plan (Long) • Entry: $0.2460 – $0.2530 • Targets: $0.2650 and $0.2780 • Stop Loss: $0.2380 ⚠️ If $0.2318 breaks, expect a slide toward $0.2200. 🔥 But if bulls break through $0.2670, the road opens toward $0.2793—the previous high. This is a textbook Support → Hold → Bounce scenario. Momentum building… liquidity pooling… move incoming. Be ready. 🚀

$ENA ENA has been moving in a slow downtrend after failing to hold momentum near the recent peak. The 1-hour candles show repeated lower highs, which usually signals that buyers are stepping back while sellers stay active. The dips aren’t sharp, but the gradual slide shows caution in the market. RSI is hanging in the mid-range, meaning the market isn’t oversold yet, but it’s also not showing strong buying pressure. MACD stays weak, supporting the idea that the trend is still leaning downward for now. Future Outlook (Not financial advice) For short-term moves, ENA may continue to range until buyers return. A break above its recent mini-resistance could push it toward a mild recovery. If the price slips below its support zone again, the market might retest earlier lows before stabilizing. Different Timeframe View Short-term (1h): Slow downward pressure with weak momentum. Mid-term (4h): Price may attempt a bounce if volume picks up. Daily: Trend still intact, but needs stronger candles to shift direction. Use the charts to track momentum shifts—RSI turning upward or MACD crossing could be the first signs of a reversal.