📊 ENA/USDT Long-Term Strategy: Ready to Ride the Ethena Wave? 🌊🚀

The ENA/USDT pair is heating up on Gate.io, gaining momentum with a +9.6% surge in 24H and a whopping +33% weekly gain! With price hovering near $0.669, Ethena is showing strong bullish sentiment backed by growing DeFi adoption and rising volume.
🔍 Key Technical Insights:
📈 Trading above all key EMAs (10/20/50/100/200) — strong bullish structure
💹 RSI near 87 — overbought zone, but momentum remains powerful
🧱 Support: $0.657 / $0.60 zone
🏔 Resistance: $0.82 → $1.00 → $1.20
🧠 Strategy Plan:
✅ Buy Zone: $0.65–$0.66 (on pullback) OR breakout above $0.70
🎯 Targets: $0.82 → $1.00 → $1.20+
🛑 Stop-Loss: Below $0.60 to manage downside 📈 Futures Tip: Use low leverage on Gate.io to hedge or enhance spot trades — but manage risk wisely!
🔮 Outlook: If momentum holds and ENA flips $0.70 into support, this could unlock a strong mid-term rally. But be cautious — RSI is stretched, and short-term corrections may come before the next leg.

⚠️ Not financial advice. DYOR. Monitor volatility and trade with risk-managed entries.
💬 Are you riding the ENA wave or waiting for the next dip? Let us know!
#ENA# #Gateio# #TradingStrategy# #CryptoSignals # #Altseason#