ena scam

⚡ $ENA OPEN INTEREST SURGES PAST $1B — BULLISH BREAKOUT LOADING?

Ethena ($ENA ) gained over 5% on Thursday, now trading near $0.63, as Open Interest jumped back above $1B — signaling renewed trader confidence. Last week’s OI dip to $916M was quickly reversed, with funding rates remaining positive and short sellers taking a $3.63M hit in liquidations over the past 24 hours.

Technical structure remains bullish with ENA holding above key EMAs: 50 EMA at $0.58, 100 EMA at $0.55, and 200 EMA at $0.48. The RSI is pushing toward overbought, while MACD momentum stays strong. A daily close above $0.60 may trigger a breakout toward the $0.70 resistance — with bulls eyeing $1.00 as the next milestone.

If price holds above the broken trendline, continuation seems likely — but failure to clear may invite short-term profit taking. Watch for liquidity buildup before the next leg.

#Ethena #ENA #CryptoTrading #OpenInterest #Write2Earn