🚀 $ENA Update – Momentum Building Again!
💰 Price: $0.3323
📊 24H Range: $0.3137 – $0.3767
📈 Weekly Gain: ~+35%
🏦 Market Cap: ~$2.1B
🔄 Volume: $1.5B+
🧠 Ethena powers the yield-backed USDe stablecoin
⚠️ Model relies on ETH longs + perp shorts – funding rate sensitive
🔻 Still -78% from ATH ($1.52)
👀 Bounce from $0.19 ATL is strong – but can it hold?
My take:
✅ Short-term bull intact
⚠️ Long-term depends on funding + peg stability