💠 Ethena (ENA) — governance token of the Ethena protocol, which creates a decentralized synthetic dollar USDe.
🔹 Launched in 2024, operates on Ethereum.
🔹 Total supply — 15 billion tokens.
🔹 Used for voting, staking, and earning rewards in DeFi.
💰 Price on 18.08.2025: ~$0.6757
📈 Growth over the year: +65%
✔️ ENA is interesting to traders and holders as a tool for accessing the stable USDe ecosystem and the prospects of DeFi 2.0.
🕯 I expect two scenarios
#1 Short The price will remove liquidity ~0.6960, will rebalance the FVG 4H zone, where I will build a short position with a take on filling the FVG 1D
#2 Long After the price fills the daily FVG, I expect a reversal formation for a long with targets to update local maxima ~0.7559