📈 Analysis and forecast for $ENA : what’s next? 🚀
As of June 4, 2025, 12:26 EEST, the rate $ENA on Binance is $0.3381, with an increase of 0.3% over the last 24 hours (according to market data). The trading volume for the day is about $115.31M, market capitalization is $1.76B with a circulating supply of 5.82B tokens. The growth is associated with moderate interest in DeFi and steady demand for USDe.
Technically, $ENA shows a neutral trend with signs of consolidation. On the 4-hour chart, the price is near the support level of $0.32, with resistance at $0.36. RSI around 37.83 indicates oversold conditions, which may herald a reversal or correction. A breakout at $0.36 could push the price to $0.42, while a fall below $0.32 would strengthen the correction to $0.28. Volumes are stable but without significant growth.
Forecast: By the end of June, ENA could reach $0.35–$0.38 with increased volume (according to market analysis). By the end of 2025, a rise to $0.48–$0.60 is possible if the Ethena ecosystem continues to develop. The long-term target for 2026 is $1.23+, assuming the adoption of USDe grows. However, bearish sentiments and competition are risks.
Further prospects? The price of $0.3381 is close to support at $0.32. An increase of 0.3% over the day is a weak signal, but lock in profits at $0.42. Set a stop-loss at $0.32. On X, traders discuss a possible test of $0.36, advising to keep an eye on the news. Given the oversold condition and volatility, trade with caution! #ENA #Binance #CryptoAnalysis
