STOP! Don't Trade
$ENA Until You Read This Massive Warning! 🚨🚨
Ethena (
$ENA ) is about to face its biggest test yet. If you are holding or planning to buy
$ENA right now, you need to understand the 3D and Daily chart dynamics before April 5th.
🔍 Technical Analysis & Token Unlock:
1. The "Unlock" Risk: A massive 171 Million tokens are hitting the market tomorrow. Historically, large unlocks lead to heavy selling pressure and high volatility.
2. Key Support: is currently struggling to hold the $0.080 level. If the volume increases on the sell-side during the unlock, we could see a quick drop to $0.070 or even $0.065.
3. Resistance Zone: On the upside, $0.092 remains a strong wall. Unless we break this with high volume, the trend remains bearish for the short term.
My Strategy: I am NOT buying here. I’m waiting for the market to absorb the new supply. If
$ENA holds the $0.070 zone after the unlock, that will be our "Golden Entry" point. 📈
⚠️ Final Word: Don't let FOMO control you. Let the unlock pressure settle first!
👇 What is your plan for
$ENA ?
1) Selling now to buy the dip later? 📉
2) HODLing no matter what? 💎
3) Waiting for $0.065 entry? 🚀
Share your price targets in the comments! 👇
#Write2Earn #ENA #Ethena #TokenUnlock #CryptoAlert #MarketAnalysis
#TechnicalAnalysis