Ethena Labs narxiENA

$ENA bounced hard from the 0.10 base and is now consolidating inside a bullish flag on the 1H chart. This structure usually forms when sellers are exhausted and price pauses before the next leg. Importantly, this is price compression after expansion, not a weak sideways drift. Within the flag, volatility is shrinking and downside attempts are getting absorbed quickly. As long as price holds above the lower boundary, the bullish structure remains valid. This is a reaction zone, not a chase zone — confirmation matters. 🔻 If #ENA loses 0.118–0.116 with acceptance, the flag fails and price can revisit the base area. 🔼 A clean breakout and hold above 0.128–0.130 can unlock the next move: Target: 0.138 – 0.1400 - 0.1450 Support: 0.118 → 0.115 Resistance: 0.130 → 0.138

$ENA: From $6 to $0.10 – The $5 Comeback Story Nobody's Talking About Yet As Predicted, Price dumped 60% after breaking down from $0.24 support, now sitting at $0.10. Current Status: ✅ $0.08–$0.10 = Prime accumulation zone activated ⚠️ Still possible dip to $0.06 (best long-term entry if it hits) Long-Term Outlook: Potential target: $5+ This is where patience pays off. Down 94% from ATH means deep value territory but volatility remains high. Risk Management: ➤ Only invest what you can hold 2-3+ years ➤ DCA strategy recommended ➤ Watch for $0.06 level confirmation NFA. Always DYOR.

$ENA is currently trading inside a rising wedge on the 1H chart after a sharp sell-off and V-shaped recovery from the 0.1215 low. Price has stabilized and is now printing higher lows, showing short-term buyer presence — but the structure itself demands caution. A rising wedge after a strong drop usually signals indeccision, not strength. Bulls are trying to push higher, but every push is getting absorbed near the upper boundary of the wedge. This tells us momentum is improving, but not decisive yet. If buyers manage a clean breakout and hold above the wedge, we could see a continuation toward the 0.145 → 0.150 zone as a relief move. However, if price loses the lower wedge support, this structure flips bearish fast, opening the door for a retest of 0.132, and potentially 0.125 again. This is a classic wait-for-confirmation setup. Let price choose direction. Support: 0.135 → 0.132 Resistance: 0.145 → 0.150

$ENA - Mcap 1.08B$ - 82%/ 127.4K votes Bullish SC02 M15 - pending Short order. Entry lies within HVN + is not affected by any weak zone, estimated stop-loss around 4.54%. The downtrend is in the 370th cycle, amplitude -29.10%. #TradingSetup #CryptoInsights

I will start spot buying in steps using an onion strategy for the next 8-14 months. I will focus on strong projects: BTC, ETH, SOL, AAVE, LINK, SUI, XRP, ENA, ETHFI, LTC, ETC, AVAX, TAO, UNI, along with 8–12 high-risk projects. The PNL target is 1–5$ million, if the market provides opportunities for DCA on dips. ⚠️ *Disclaimer*: This post is for educational purposes only. It is not financial advice. Trading is a high-risk market, make your own decisions at your own responsibility.