$ENA ENA (Ethena) has been showing signs of consolidation after a period of volatility driven by market-wide liquidity shifts and protocol updates. Despite recent pullbacks, ENA remains one of the most closely watched tokens in the synthetic dollar and yield-bearing stablecoin sector.

Currently hovering around key support levels, ENA may see short-term upside if overall market sentiment improves, especially in DeFi and ETH-backed ecosystems. The project’s ongoing focus on scalable on-chain finance could drive renewed interest.

🚨 Traders should watch the $0.22 – $0.25 range closely, as a breakout above may trigger bullish momentum. Caution remains if BTC dominance rises.