$ENA /USDT: Analysis and Forecast for August 5, 2025

The current price of ENA/USDT is $0.6121, showing a 10% increase over the last 24 hours (TradingView). The asset demonstrates a bullish sentiment, consolidating in the range of $0.580–$0.620 with support at $0.552 and resistance at $0.630. A breakout above $0.630 may signal a continuation of the rise to $0.85, which is supported by forecasts of a 30% rally. Trading volumes are increasing, and the RSI indicates moderate overbought conditions, which requires caution. Today, a token unlock of $100 million (2.7% of total supply) is expected, which may increase volatility. Technical analysis from TradingView shows a buy signal on daily and weekly timeframes, while the monthly rating is "strong buy." However, a recent transfer of 250 million ENA ($154 million) to exchanges indicates potential selling pressure. It is recommended to monitor key levels and news. For trading: entry at $0.6158, targets — $0.6200–$0.6480, stop-loss — $0.5800.