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Technical analysis by mamangmung about Symbol ENA: Buy recommendation (3/10/2025)

https://sahmeto.com/message/3312777
mamangmung
mamangmung
Rank: 29075
1.2
Buy،Technical،mamangmung

Ethena (ENA/USDT) is showing a compelling buy opportunity on the 4-hour timeframe. A clear bullish divergence has formed on the RSI, indicating weakening selling momentum and a potential trend reversal. Additionally, price has successfully broken out of a descending channel, confirming a shift in market structure.With the bullish divergence and channel breakout, ENA is poised for further upside. Consider entering long positions with a stop-loss below the recent swing low. Let’s ride the wave! 🚀#Ethena #ENA #BullishDivergence #Breakout #CryptoFeel free to adjust the support and resistance levels based on your analysis!false breakout

Translated from: English
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Signal Type: Buy
Time Frame:
4 hours
Profit Target:
$0.52
Stop Loss Price
$0.39
Price at Publish Time:
$0.45999
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