Hello✌️
Let’s analyze Ethena’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
Every $1B rise in USDe means more demand for ENA tokens as collateral. With $290M revenue, ENA shows strong, steady growth potential 🚀.
📊Technical analysis:
ENAUSDT is approaching a critical daily support zone that also coincides with a key level on the daily chart 📉. If this support holds firm, we could see a strong 29% rally toward the 0.75 target 🎯. This setup offers a clear risk-reward for traders watching closely.
✨We put love into every post!
Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
Let’s analyze Ethena’s price action both technically and fundamentally 📈.
🔍Fundamental analysis:
Every $1B rise in USDe means more demand for ENA tokens as collateral. With $290M revenue, ENA shows strong, steady growth potential 🚀.
📊Technical analysis:
ENAUSDT is approaching a critical daily support zone that also coincides with a key level on the daily chart 📉. If this support holds firm, we could see a strong 29% rally toward the 0.75 target 🎯. This setup offers a clear risk-reward for traders watching closely.✨We put love into every post!
Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale
Trade active
Educational plans & Free signals, all in telegram:👉t.me/madwhalechannel
Hey buddy, If you’re up for it, would love if you signed up on this exchange with my link. I get a tiny cut no ads, no pressure, just a little love: 👇bit.ly/4jp4yMI
Hey buddy, If you’re up for it, would love if you signed up on this exchange with my link. I get a tiny cut no ads, no pressure, just a little love: 👇bit.ly/4jp4yMI
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Educational plans & Free signals, all in telegram:👉t.me/madwhalechannel
Hey buddy, If you’re up for it, would love if you signed up on this exchange with my link. I get a tiny cut no ads, no pressure, just a little love: 👇bit.ly/4jp4yMI
Hey buddy, If you’re up for it, would love if you signed up on this exchange with my link. I get a tiny cut no ads, no pressure, just a little love: 👇bit.ly/4jp4yMI
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.