🔷️On July 12th, when #ENA was at $0.33, we noted that it had broken its descending trend. Since then, it has reached the second resistance level, hitting $0.50, which marks an impressive 61% increase. Technically, the next resistance targets are indicated by the yellow lines.

🔸 RSI is in a slightly bullish zone, and MACD is showing a positive crossover.

🔸 Moving averages are supporting the upward trend.

🔸 Holding above $0.45 could maintain bullish momentum.

🔸 In case of pullbacks, the $0.37–$0.34 range may act as support.

The fundamental and technical structure remains positive.

This is not investment advice.

#ENA #Ethena #Altcoin #Crypto