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Ethena and three altcoins flash TD Sequential buy signals
Four mid-cap altcoins, including Ethena (ENA), Bittensor (TAO), Cosmos (ATOM), and Venice Token (VVV), have simultaneously printed TD Sequential “9” buy signals on their daily charts. This technical pattern identifies momentum exhaustion after significant drawdowns, with recent declines for these assets ranging between 30% and 36%.
For Ethena, a previous signal in October preceded a 22% rally. While the token has seen a 26.74% decline over the last 30 days and sits below its 20-period and 50-period moving averages, it remains 25.74% above its 200-period average. This indicates a conflict between short-term downward trends and a longer-term recovery from previous lows.
Entities
Bittensor · Cosmos · Ethena · Venice Token