$ENA Weekly Outlook – Momentum Building Strongly 📊
Currently priced at $0.38, $ENA is trading nearly 70% below its ATH of ~$1.26 — but signs point to a reversal in the making.
Since becoming a principal token on $AAVE, collateralized supply has soared past $1B — a clear signal of growing trust and adoption among DeFi heavyweights.
Meanwhile, $ENA’s TVL continues to surge and is closing in on record highs. Historically, this kind of TVL/price divergence has preceded major upside moves.
Key Technical Signals:
•Weekly support zone holding firm
•Stoch RSI showing bullish divergence
•MACD tightening with a potential bullish cross
•Noticeable volume accumulation on recent dips
With solid fundamentals and technicals aligning, $ENA could be setting up for a powerful breakout. 📈