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ENA Faces 28.66% Plunge as Sell Signal Flashes - Bull Run Hits Critical Resistance

ENA Faces 28.66% Plunge as Sell Signal Flashes - Bull Run Hits Critical Resistance

Published:
2025-10-20 09:30:00
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Technical indicators scream caution for Ethena traders as momentum reverses sharply.

The Warning Signs

That 28.66% projected drop isn't just a number - it's the market's brutal reality check after weeks of unsustainable gains. Sell signals are flashing red across trading platforms, suggesting the recent rally has hit its expiration date.

Market Mechanics Exposed

When these signals trigger, they don't just suggest a pullback - they forecast a structural shift in trader sentiment. The same algorithms that fueled the uptrend are now positioning for the descent.

Timing the Turnaround

History shows these corrections often create buying opportunities - but catching the bottom requires nerves of steel and ignoring the panic. Because let's be honest, in crypto, sometimes the only thing more predictable than a crash is the chorus of 'I told you so' from traditional finance pundits who still don't understand the technology.

The coming days will separate strategic holders from reactive traders as ENA tests its true support levels.

ENA Skyrockets as Demand Rises

Based on Ali’s data, the TD Sequential indicator flashing a sell signal hints that a short-term consolidation could be approaching, presenting investors with a potential purchasing opportunity. This technical tool plays a vital role in the digital asset market, enabling both long-term investors and short-term traders to understand the implications of market alerts.

Despite ENA’s current upward momentum, the fresh TD Sequential warning (as flagged by the analyst) points out an imminent price downturn that could present a strategic buying opportunity for traders seeking to acquire ENA tokens at lower prices. Ethena has been outperforming the rest of the crypto assets that are struggling to overturn their pessimistic outlooks.

ENA’s price, which currently stands at $0.4944, has been up 6.7% and 35.3% from yesterday and over the past week, respectively, indicating its recent growth. Ethena experienced an impressive 35.3% weekly rise following President Trump’s recent announcement of plans to impose an additional 100% tariff on Chinese goods as of November 1, 2025. The token’s recent bullish jump has its roots in Trump’s macroeconomic updates, an announcement that caused heightened volatility across traditional financial markets but also created a refuge for some cryptocurrencies regarded as alternative SAFE havens.

Ethena’s weekly jump signifies a resurgence of interest from both retail and corporate customers in the token. This correlates with trade conflicts between China and America and the performance of DeFi tokens (such as ENA), which indicates the rising maturity of the decentralized finance industry.

ENAUSD

The current price of Ethena is $0.4944.

Reasons for Ethena’s Looming Price Fall

The fresh TD Sequential sell indicator on the 4-hour trading chart points out that Ethena could be preparing for a potential short-term correction soon. A key catalyst behind the upcoming downturn is profit-taking activity. After its ongoing market rally, heavy profit-taking by traders will send ENA to new lows, intensified by sell-side pressure.

As stated in Ali’s technical prediction, the downward adjustment, majorly triggered by short-term profit-taking and wider market volatility, is poised to pull ENA downward towards $0.350. According to Ali, the looming correction, which appears less like panic and more like a breathtaking period, is set to create an important purchasing opportunity for traders looking to take advantage of a market dip.    

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