🚀 ETHENA (ENA): SYNTHETIC DOLLAR PROTOCOL ON FIRE!
MARKET SNAPSHOT (1:00 PM IST July 26, 2025)
🔹 Price: $0.5931 (+17.2% 24h)
🔹 Market Cap: $3.76 B
🔹 24h Volume: $2.15 B
🔹 Sentiment: BULLISH MOMENTUM 🌕
🌟 WHY ETHENA IS HOT
💥 Stablecoin+Yield Fusion: USDe synthetic dollar usage surges to $7.38 B TVL, drawing DeFi yield hunters
📈 Institutional Insight: StablecoinX’s $260 M buyback program driving 21% daily gains1
🛰️ On-Chain Growth: ATH active addresses (3,438) signals renewed ecosystem engagement
📊 KEY LEVELS
✅ Support: $0. Fifty-eight0–$0.585 (weekly demand zone)
⚔️ Resistance: $0.62 (break clears path to $0.68)
🎯 Targets: $0.65 → $0.75
⚡ TRADE SETUP
🟢 Accumulate dips into $0.58–$0.59 for swing plays
🟢 Breakout Long: Entry above $0.62 on volume for move to $0.68
🔒 Stops: 10–12% below $0.57 (manage volatile swings)
🎯 COMMUNITY CALL
💬 Comment “💰” if you’re stacking ENA—best replies get live chart snaps!
📈 Drop your price target: $0.70 or $0.80 this week?