$ENA 📢 ENA Coin – What Smart Traders Should Know

📊 Analysis by Expert Wahid

🟢 What is ENA?

Ethena (ENA) is a synthetic dollar protocol on Ethereum. It powers USDe, a stablecoin backed by crypto collateral and hedged with derivatives.

✅ Real use-case

✅ Backed by strong DeFi fundamentals

✅ Growing TVL & adoption

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📈 Chart Outlook (August)

🔹 Support zone: $0.47 – $0.50

🔹 Resistance zone: $0.61 – $0.65

🔹 Supertrend: Turning bullish (ATR-10, Multiplier 3)

🔹 RSI: Holding above 50 – showing strength

📌 Watch for breakout above $0.61 with volume

📌 Good risk-reward for short-term swing entry above breakout level

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💡 Expert Wahid’s Tip:

“ENA is not just hype — it’s a project solving real stablecoin problems.

But always wait for confirmation: structure + volume = confident entry.”

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