📈 ENA remains around $0.60, after a nearly 15% increase in the last 24 hours. The latest sessions have seen strong interest, with volumes doubling and visible accumulation by market participants.
🔍 Note:
ENA is retesting a pivot zone between $0.44–$0.46, which has become solid support following a correction phase.
Futures trading shows a strong bullish interest: long/short ratio above 2 on Binance.
The StablecoinX protocol has just announced a buyback of $260M worth of ENA tokens, enhancing liquidity and limiting supply.
🧭 My analysis:
ENA is in a technical rebound phase after validating support. As long as $0.60 holds, a move towards $0.70 or even $0.80 remains plausible. A break below $0.55 would activate a correction scenario to watch.
💬 And you? Is ENA an opportunity to seize now or would you prefer to wait for a breakout upwards before repositioning?