Ethena Price Dey Hold $0.67 Support, Dey Target Rally Reach $0.96
Ethena price don hold gidigba for the $0.67 support level, wey join with the 0.618 Fibonacci retracement and the midpoint of Bollinger Bands. Even though e just do small 4.3% pullback, Ethena still dey keep im bullish trend with higher highs and higher lows. Plenty volume still dey gather around $0.67 wey mean say buyers dey strong no be to dey sell. If e fit clear the yearly resistance wey never test before for $0.96, e go show say price fit still go up and go open road for more profit. But if e fall down pass $0.67, e mean say the bullish pattern no go hold again. Traders make dem watch this support and resistance levels well make dem know when to enter and exit well.
Bullish
Di tori gist dey highlight say Ethena keep im bullish market structure, wit strong buyer-driven volume for di $0.67 support level plus clear series of higher highs and higher lows. For short term, di firm support and volume accumulation show say e fit bounce go towards di $0.96 resistance. For long term, if e confirm breakout pass $0.96 e fit trigger more upward momentum, wey go make di positive outlook strong well well. Na only if e drop below $0.67 e go spoil di structure, but di current indicators dey support continued gains.