$ENA Trade Setup
Buy Zone: $0.58–$0.60
Target 1: $0.70
Target 2: $0.85
Stop Loss: $0.55
Current price is around $0.62, up approximately 7–14% in the past 24 hours. Trading volume has surged to about $1.1 billion, showing strong liquidity.
On-chain data: Whales have accumulated around 52 million $ENA tokens. USDe supply stands at over $9.3 billion, and total value locked (TVL) is around $9.45 billion — indicating large capital backing the project.
Market sentiment: The overall bias is bullish. RSI is near 62, BBTrend indicates positive momentum, and the Fear & Greed Index is around 65, suggesting traders are leaning optimistic.
Key resistance lies between $0.63–$0.65. A breakout above this level could pave the way for a strong move toward $1.00.
