$ENA

📌 Follow me, and I'll follow you – Request an analysis of any currency, and I'm ready. Support me in sharing more analyses by clicking on the currency below the post, and please don't forget to like and share.

🔍 Analysis of ENA (Ethena) – Current Price: $0.5735 (Binance data as of today)

The ENA currency is currently experiencing relative stability, trading close to an important pivot point at $0.5700. Sustaining above this level may open the door for testing the next resistance at $0.6000.

🔹 The RSI indicator is recording 56, reflecting a balance between buying and selling forces, with a slight upward bias.

🔹 Trading volume has improved slightly by +12%, supporting the possibility of a strong price movement soon.

🔹 The 20 and 50-day moving averages are converging, and if a golden cross occurs soon, it will be a strong positive signal.

If the price breaks the $0.6000 level, we may see a surge towards $0.6400, while breaking the support at $0.5450 could change the short-term trend.

🚀 Share your predictions for ENA with me, and request an analysis of any other currency in the comments!