BTC Movement Cools Off – Are ENA and TIA Showing Signs of Quiet Accumulation Before the Next Surge?

Bitcoin’s recent momentum has slowed, catching the eye of many in the crypto community. Market watchers are now turning their attention to lesser-known coins like ENA and TIA . These digital currencies are showing subtle signs of being quietly gathered. Could this hint at a looming surge? Stay tuned to uncover which assets might be primed for growth. Ethena Market Insight: Short-Term Rally Meets Long-Term Correction Ethena recorded a 41.64% gain over one week and a 28.73% rise over one month. The coin’s six-month performance shows a 29% drop, revealing long-term weakness despite recent gains. Price movements over these periods expose a stark contrast between immediate momentum and extended pressure. Ethena currently trades near a resistance level of 0.45 with support around 0.18. There is a secondary resistance at 0.59 and deeper support at 0.05. Bulls drive short-term rallies, though the lack of a clear trend calls for caution. Trading ideas include watching for a breakout above 0.45 or a potential reversal near 0.18, highlighting a balanced approach between risk and reward. Celestia: Rebound Growth Amid Volatile Trends Celestia marked strong short-term gains over the last week and month, with price surges of nearly 19% and 17.5% respectively. Over the past six months, it declined by about 41%, showing a clear shift from recent upward momentum to an overall downtrend. The price hovered between $2.15 and $3.23 during these periods, illustrating the coin’s volatile nature with bursts of recovery amid broader losses. Current levels reveal a trading window with support at $1.61 and first resistance at $3.77, while a second resistance stands at $4.84 and a deeper support at $0.53. Bulls seem to be steering short-term recovery, yet the trend remains unsteady. Traders might consider entering near support, setting targets toward the resistance zones and planning careful exits within these bounds. Conclusion With BTC slowing down, attention is shifting to ENA and TIA . Both coins are showing subtle signs of accumulation. This quiet build-up could indicate growing interest from investors. While BTC holds its ground, ENA and TIA might be on the verge of a significant move. Investors should keep an eye on these trends, as they might lead to a new phase in the market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Source: Bitzo