🔥 Ethena ignites the spark of the rebound!
🚀 A strong comeback shakes the crypto market thanks to the strength of DeFi and investor confidence!
On Monday, Ethena (ENA) topped the list of biggest gainers after breaking through the critical support level at $0.60, in a fiery rebound that pushed the price to $0.63 before settling at $0.61.
💰 With a total value locked (TVL) exceeding $9.53 billion, Ethena proves to be more than just a project… it's a thriving decentralized financial system, as investors continue to pump in trust and money!
🏦 The stablecoin USDe jumps to third place globally among stablecoins, surpassing FSUSD, with a market value exceeding $9.23 billion — and growth of over 75% in just one month!
📈 On the technical side, ENA is trading above its major moving averages (50, 100, and 200 days), all forming solid supports that sustain the upward trend towards $0.70, $0.75, and possibly $1.00 soon!
🧠 The RSI indicator is approaching the overbought zone, which may pave the way for a new launch… are you ready?
📊 Data confirms: open interest (OI) for futures contracts has returned above $1 billion, indicating that large liquidity is coming back!
⚡️ In short:
Ethena is not just a coin, but a leading project in the world of DeFi, enjoying rising technical and investment momentum… those who lag behind will miss the next wave!
🔁 Share your opinion: Do you see it targeting $1 this month?
👇 Write your prediction in the comments!
