$ENA

Here's a concise analysis of **Ethena (ENA)** for today (**August 12, 2025**):

📉 **Price & Trend**

- **Current Price**: **$0.794** (down **5.2%** today), trading between **$0.775–$0.851** .

- **Weekly View**: Up **35%**, driven by bullish technicals and whale accumulation .

⚡ **Key Drivers**

1. **Technical Breakout**:

- **Golden cross** (50EMA > 200EMA) signals bullish momentum; breakout from a bullish flag pattern targets **$1.25–$1.50** .

- Strong support at **$0.65–$0.74**; resistance at **$0.82–$1.00** .

2. **Fundamental Strength**:

- **TVL surged past $10B**; USDe stablecoin now #3 globally .

- **Whale activity**: Large holders increased positions by 30% last week .

- **$5M daily buybacks** reducing supply .

3. **Sentiment**:

- RSI at **76** (overbought), but EMAs show bullish alignment .

- Open interest up **27%**, reflecting trader confidence .

⚠️ **Risks**

- Failure to break **$0.82** may trigger drop to **$0.65** .

- **U.S. CPI data today** could amplify volatility .

- Overbought signals suggest short-term pullback risk .

🔮 **Short-Term Outlook**

- **Bullish**: Hold above **$0.74** → retest **$0.82** → rally to **$1.00–$1.50** .

- **Bearish**: Break below **$0.65** → correction to **$0.60** .

**Summary**: ENA consolidates gains with strong technicals. Watch **CPI impact** and **$0.82 breakout** for rally confirmation.

Key Levels:

| **Level** | **Price** | **Significance** |

|-----------------|-------------|---------------------------|

| **Support** | $0.74 | Daily EMA anchor |

| **Strong Support** | $0.65 | Make-or-break zone |

| **Resistance** | $0.82 | Breakout trigger |

| **Target** | $1.50 | Bullish pattern objective |