ENA Signal – 05 Sep 2025

Price: ~$0.668

🟢 Buy Zone: $0.66–0.68

🔴 Stop-Loss: $0.64

🎯 TP1: $0.71

🎯 TP2: $0.75

🎯 TP3: $0.80 (breakout target)

ℹ Catalyst:

• USDe synthetic-dollar protocol backed by basis-trade yield mechanism

• FalconX added USDe support + 5M ENA moved to Binance → liquidity surge

⚠ Risk:

• Yields shrinking (<5%) → sustainability concerns

• Similar structural risks seen in Terra collapse (counterparty + funding-rate risk) 1

📊 Notes:

Currently trading within intraday range $0.642–$0.706 — key range to watch for breakout or breakdown.$ENA