#创作者任务台

ENA once again showcases a familiar shape, a shape that has previously led to explosive volatility. After rising nearly 120% from a low of \$0.27, the token is now retesting the key \$1.3 resistance level—a region that was previously rejected. The price action shows resilience, with strong support remaining above \$0.50, indicating that the bulls are still in control. This structure suggests that if \$ENA can break through and maintain above \$1.3, it could quickly rise to \$1.5, driven by regained momentum and investor confidence.

However, the recent 7.24% daily drop is not to be ignored. The key is to determine whether this is a healthy correction after a strong rebound or a red flag indicating potential concerns. Price action alone cannot tell the whole story. Anyone considering a position should delve deeper into Ethena's long-term business model, ecosystem growth, and token economics. Sustainability is key. A strong technical pattern is powerful, but solid fundamentals must support it. Timing based on technical confirmation and business insight may provide the best opportunity to ride the next wave.