Femifire

Ethena Price Outlook

$ENA is chilling around $0.6279, stuck in a tight triangle with $0.55 as support and $0.70 as resistance. Every time it hits $0.70, sellers jump in, but if it breaks past, we could see a run to $0.75+.

Short-term vibes:

📍4-hour chart shows ENA above key EMAs, bullish if it holds $0.60.

📍Bollinger Bands are widening, hinting at bigger moves soon.

📍Daily RSI at 64, looking strong unless it dives below 60.

Bigger picture:

- If ENA cracks $0.75 and holds $0.60, next stop could be $0.88.

- Possible run to $1.00+ if the uptrend stays healthy.

- If adoption grows, $1.50 isn’t crazy, with dips near $0.75 likely getting bought.

Bottom Line:

ENA coiled up, break $0.70, and things get exciting. Lose $0.55, and it’s trouble. $1.50 could happen if the market plays nice.

#Ethena #India