The Ethereum blockchain serves as the foundation for the decentralized finance (DeFi) platform Ethena ($ENA). Through the use of sophisticated financial procedures and a distinctive dual-token structure, it seeks to stabilize and innovate the cryptocurrency market.
It was just a short explanation and short definition on ENA, as right now we are here to share you a very much important buying signal on this token, also we will be sharing you take profit levels, that where you must sale it for short term profit booking.
We are sharing this information purely on chart or technical analysis, picture of that chart is also shared below, but you must not take it as an investment or a financial advice, as crypto is highly volatile and risky, so please act according after managing your risk.

So as you can see in the chart the best and the first buying range or level would be $0.3062, and if you would be much luckier than, you would get a chance to buy at the level of it’s all time low and its best support which would be $0.2017.
As you can see in the chart ENA is also making “W” pattern, which is the basic reason why I am so bullish right now on this buying of this token.
Now selling or take profit targets, so as you can see, we have mentioned the selling levels with white arrows, so first selling levels could be $1.003 which is almost 225% profit from first buying level, and at the same time 2nd selling targets could be $1.3421 and that would be approx. 337% profit from our first buying level.
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