📈 Analysis and forecast for $ENA : further prospects 🚀
As of May 28, 2025, 10:01 EEST, the rate of $ENA on Binance is $0.3978, with a 3% increase over the last 24 hours. The trading volume for the day is about $37.5M, and the market capitalization is $680.75M (with a circulating supply of 1.71B ENA). The increase is associated with interest in Ethena Labs as a synthetic asset and USDe stablecoin protocol, as well as the overall rise of the DeFi market.
Technically, $ENA demonstrates a neutral-bullish trend. On the 4-hour chart, the price is above the 50-day moving average ($0.390), and the RSI (14) at 54 indicates moderate momentum without overbought conditions. Key levels: support - $0.380, resistance - $0.410. A breakout above $0.410 could push the price to $0.450, but a drop below $0.380 would increase pressure towards $0.350.
Forecast: by the end of May, ENA may reach $0.450 with increased volume. By July 2025, a correction to $0.350 is possible due to volatility, but with positive news (e.g., about the expansion of USDe), a rise to $0.600 is realistic by the end of the year. The long-term target for 2026 is $1.00+, if Ethena continues to scale. Fundamentally, support from major investors (Binance Labs) and growth in DeFi activity strengthen positions, but regulatory risks and competition remain.
Further prospects? The current price of $0.3978 after a 3% rise looks like an accumulation zone. To take profits, wait for $0.410–$0.450. Set a stop-loss at $0.380. For holders, this is an asset with moderate risk - watch the volumes and news about the protocol's development. The market is volatile, be cautious! #ENA #Binance #CryptoAnalysis
