📈 Analysis and forecast for $ENA on Binance: what's next? 📉
As of 15:30 EEST, July 09, 2025, the price of $ENA on Binance is $0.2734, showing a growth of 6.01% over the last 24 hours. This rise reflects growing interest in Ethena, a synthetic dollar protocol, which is gaining attention due to high yields (8-12%) and delta-neutral hedging strategies. Increased trading volume highlights community activity.
Technically, $ENA is in an uptrend. On the 4-hour chart, the 50-day SMA crossed the 200-day from below, signaling bullish momentum. The RSI (14) at around 60 remains in the neutral zone, indicating potential growth without overbought conditions. Key resistance is located at $0.28, a breakout of which could open the way to $0.30. Support is observed at $0.26, below which is $0.24. Holding above $0.2734 supports the current momentum.
Forecast: In the coming days, ENA may test the resistance at $0.28, with a chance to rise to $0.30 by mid-July 2025 if interest is maintained. By the end of 2025, a rise to $0.50–$0.70 is possible if the growth of TVL (total value locked) and expansion of futures markets continue. The long-term outlook for 2030 is $2.00+, assuming mass adoption and protocol improvements. Risks include correction due to volatility and competition in the DeFi sector. Nonetheless, the recent removal of the 'seed' tag by Binance adds optimism.
Outlook? A rise of 6.01% and a price of $0.2734 are close to the resistance at $0.28. Buying at $0.26 with a target of $0.30 and a stop-loss at $0.24 may be justified. ENA stands out due to innovations in synthetic assets and support from Binance, attracting investors. Community activity highlights speculative potential.
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