Ethena ($ENA) is on a heater. The altcoin has popped off with a wild 133% gain in the past 25 days, topping out at a local high of $0.5367. That’s not just hype—it’s backed by a massive $1.68B trading volume in 24 hours and a juicy $3.39B market cap.
After chilling between $0.24–$0.36, $ENA broke past key resistances at $0.36 and $0.47 like it was nothing. That rally? Probably powered by some deep-pocketed whales, not just your average degen.
The RSI is pushing 74.80—yeah, that’s deep in overbought territory. So, while it’s bullish, don’t rule out a little cool-off soon. The MACD is still looking strong though, keeping the uptrend alive.
If $ENA keeps this momentum, the next targets are $0.695 and $0.805. But if things dip, eyes on the $0.47 and $0.36 support zones.
TL;DR: Ethena is printing green candles like it’s got unlimited ink. Just don’t forget—volatility’s still in the building.
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