🚀 $ENA is approaching a major breakout zone — can it finally reach $0.30?
Ethena has regained strong momentum, recently touching $0.28, a level not seen since December 2025. The move comes as Ethena expands its USDe yield strategy into real-world assets, attracting fresh attention.
Adding to the bullish picture, a whale accumulated 18.34M ENA worth roughly $5.13M, suggesting large investors are positioning for potential upside.
Spot outflows and continued protocol inflows also point toward buying pressure. However, trading volume has cooled, while momentum indicators are entering overbought territory.
If buyers defend the $0.27–$0.28 area and ENA breaks above $0.28 with strong volume, $0.30 could become the next key target. A rejection may trigger a short-term pullback before another attempt higher.
Ethena has regained strong momentum, recently touching $0.28, a level not seen since December 2025. The move comes as Ethena expands its USDe yield strategy into real-world assets, attracting fresh attention.
Adding to the bullish picture, a whale accumulated 18.34M ENA worth roughly $5.13M, suggesting large investors are positioning for potential upside.
Spot outflows and continued protocol inflows also point toward buying pressure. However, trading volume has cooled, while momentum indicators are entering overbought territory.
If buyers defend the $0.27–$0.28 area and ENA breaks above $0.28 with strong volume, $0.30 could become the next key target. A rejection may trigger a short-term pullback before another attempt higher.