ENA/USDT All "ETHENA" possibilities

I’ve conducted a technical analysis of this cryptocurrency, currently ranked 131📌 on CoinMarketCap, at the request of my friend [Ferhat]🥰😎

Below is a link to the roadmap, whitelist, and more information about the project.🚧📃ℹ️
👉🏻 coinmarketcap.com/currencies/ethena/ 👈🏻

🟩 At the moment, given Bitcoin’s current position in a short-term descending channel, I don’t expect a rapid pump or significant growth for this coin. However, if Bitcoin manages to recover, and considering this coin is on the verge of breaking a strong descending channel trend, along with the project’s progress according to the roadmap, there is a chance that the primary profit target could be hit with gains exceeding 200%.🦾💸🦸🏻‍♀️🙌🏻

🟦 A more likely scenario is that the coin will move sideways for now, allowing it to build enough volume and buying strength to break the strong trend line and improve its position on the RSI for a potential upward movement.🌋🔥🐦‍🔥

🟥 However, if it falls below the last Fibonacci support level, given the current price decline, the project might collapse, signaling failure. 😱☠️

🔊 My overall recommendation is to avoid entering this coin at the moment. But if you’re willing to take the risk and aim for solid returns, patience will be key—perhaps over a year. This, of course, is highly dependent on Bitcoin’s performance. 💡🪙🏮

🆘 Based on the marked levels, you can set your stop-loss and take-profit targets in stages to minimize risk ⚠️

🚨 As with all cryptocurrencies, make sure you manage your trade by closely monitoring 👑Bitcoin’s👑 performance.💯

🎉🎊To help the community stay updated, I’ve decided to post more Bitcoin analyses moving forward.🎉🎊

📌👀😍 So, keep an eye on notifications from my account, as I usually post analyses at critical moments.💥💣💸🫰🏻🤑

If you follow along, you can benefit from timely insights.🧧💰
🔗 https://www.tradingview.com/u/Benyamin-Moazami/ 🔗
😊 Make sure to follow my page and turn on the notification bell to stay informed, my friend.🔔🙋🏻‍♂️

🎯 Wishing you success and profitable trades! 🧲💲

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