๐งช This Stablecoin Protocol Is Heating Up
Ethena (
$ENA ) is grabbing attention again after its recent airdrop โ and with Binance volume rising, traders are preparing for a short-term breakout.
๐ Hereโs what the chart says:
Support has held firm at $0.34RSI and MACD showing rebound potentialResistance near $0.36 may flip to support
๐ฅ Target: A breakout toward $0.38โ$0.40
๐ฏ Expected return: 8โ12% in 48 hours if the $0.34 level holds
๐ก Why You Should Watch It: Airdrop hype + solid DeFi fundamentals = the perfect cocktail for a fast, low-cap bounce.
โ ๏ธ Risk tip: Cut quick if ENA breaks below $0.33 โ this is a momentum trade, not a long-term hold.
$ENA $ETH (relevant due to Ethena's role in the Ethereum ecosystem)
$USDe (Ethena's synthetic stablecoin)
$BNB (Binance listing and ecosystem relevance)
#Airdrop #Defi #Altcoin #binanacenews #Ethena