In the article on November 8, I proposed the 3rd buy zone (yellow) of $ENA and today, November 14, the price still tends to move up despite a slight correction.

The target I set for $ENA is 0.5 - 0.6 USD, which was established yesterday (peak 0.55 USD).
Currently, ENA is moving in a fairly free range until it approaches the area of 0.65 - 0.8 USD. The temporary support and resistance areas are quite fragile in the last days of the year, making it difficult to determine the appropriate buying zone. There is also additional news; Wintermute suggested that Ethena share revenue with ENA holders. For me, this is a "no harm no foul" news, so the next direction still heavily depends on market sentiment. Personally, I have bought enough ENA in the price range of 0.27 - 0.3 USD; if you want to buy more, you can consider the area of 0.46 - 0.5 USD.
-Entry 3 (yellow): 0.46 - 0.5 USD (buying zone increases according to the movement direction of the overall market)
-Target: 2 USD in the medium term.
-Risk (Entry 3): Average. Adjustments may occur, but in my opinion, they will only be mild.
The market is moving towards a recovery phase, as the FED has cut interest rates for the second time this year.
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