🧪 This Stablecoin Protocol Is Heating Up
Ethena ($ENA ) is grabbing attention again after its recent airdrop — and with Binance volume rising, traders are preparing for a short-term breakout.
📊 Here’s what the chart says:
Support has held firm at $0.34
RSI and MACD showing rebound potential
Resistance near $0.36 may flip to support
🔥 Target: A breakout toward $0.38–$0.40
🎯 Expected return: 8–12% in 48 hours if the $0.34 level holds
💡 Why You Should Watch It: Airdrop hype + solid DeFi fundamentals = the perfect cocktail for a fast, low-cap bounce.
⚠️ Risk tip: Cut quick if ENA breaks below $0.33 — this is a momentum trade, not a long-term hold.
$ETH (relevant due to Ethena's role in the Ethereum ecosystem)
$USDe (Ethena's synthetic stablecoin)
$BNB (Binance listing and ecosystem relevance)