📉 $ENA Rebounds to $0.58 – Holding Support or Just Breathing?

💰 Price: $0.58 (–6%)

📊 7D Performance: +24%

🏦 Market Cap: ~$3.65B | Circulating: 6.35B ENA

🔁 Volume: ~$1.2B – still high activity

🧠 Funding Positive – bulls not backing down

📉 Open Interest dipped slightly – mild cooling

🧱 Support Holding: $0.56–$0.58 zone holding firm

🎯 Next Target: $0.65–$0.70 on bounce

🛑 Risk: Breakdown below $0.56 opens downside to $0.50

My Take:

$ENA taking a breather after its recent rally. As long as $0.56 holds, bulls still have the edge. Could reload for a move back toward $0.70. Eyes on funding + OI trends. ⚡

#ENA #Ethena #CryptoUpdate #Altcoins #DeFi