The $ENA 4H chart is actually pretty interesting because the breakout is doing the talking right now. The important part now isn't chasing the green candle. It's watching whether $0.13–$0.14 turns from resistance into support. The chart shows a long accumulation/ranging structure between roughly $0.10 and $0.13. ENA has now pushed through the top of that structure with significant momentum. If $0.13 holds after a retest, the next interesting area is around $0.145, followed by the chart's projected $0.16–$0.165 region. A stronger continuation could eventually bring the ~$0.175 resistance into play. However, if the price loses $0.13 quickly and starts accepting below it, I'd become much more cautious. The old range could pull price back towards $0.12 and potentially $0.10. But personally, I am bullish on Ethena. It is getting a lot more attention after announcing a $1B institutional credit partnership with FalconX, with USDe reserve assets being deployed into overcollateralized institutional lending. Instead of relying primarily on crypto-native basis yields, Ethena is expanding towards another yield source tied to institutional credit. At the same time, protocol TVL has recovered to roughly $4.4B. So you're looking at two developments happening together: → Institutional capital infrastructure expanding → USDe TVL recovering The token jumped more than 40% in 24 hours and over 70% across two days, with daily volume pushing beyond $800M. Currently, I am watching ENA on Bitget & waiting for my entry zone. I am planning to go big with ENA and with Bitget's higher liquidity, it will be easy to catch the market anytime. Besides that, I will try Bitget Grid Trading too because it will be useful in this current situation. It will automate a range-based strategy and continuously place orders as ENA moves through the grid. What's your strategy on ENA? Feel free to share with us. #Ethena #Macro Insights#