$ENA According to recent market analysis, Ethena (ENA) is expected to continue to fluctuate, but the overall outlook is optimistic, especially for the upcoming week.
😁 Technical indicators show bullish momentum, and some forecasts suggest that the price may test a resistance level of around $0.62 and could soar to $0.75. This optimism is driven by strong trading volume and an increase in open interest in the futures market, indicating enhanced investor confidence. However, a significant token unlocking event planned for this week may introduce selling pressure and market uncertainty.
🤑 Therefore, traders are advised to closely monitor key support levels, as a bearish market shift could lead to a pullback to around $0.55.