ENA
Long

Ethena Bullish Confluence Zone in Sight

210
📊 ENAUSD Ended the cycle form June low and current pullback is looking for the next buying opportunity around equal legs rea $0.53 - $0.47 before resuming the rally again.

The overlap between the 50%–61.8% Fibonacci retracement adds solid confluence for bulls eyeing the next higher low in the $0.55–$0.46 range.

This zone aligns with structural support and could offer a high-conviction entry—if price reacts with proper momentum.

Let price come to you. Plan your entry, stop, and exit accordingly.

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.