🚀 Ethena (ENA) Update – 12 Aug 2025 🚀

💰 Price: $0.79–$0.80 (+14–18% 24h | +30% 7d)

🏆 Rank: #36 | M.Cap: ~$5.26B

📊 Charts Looking HOT

Golden Cross (50 EMA > 200 EMA) — last time this happened, ENA pumped +80%!

Resistance: $0.80–$0.85 🔑 (break = $1.00 target)

Support: $0.58–$0.60 🛡️

RSI: 74–76 (slightly overbought but still strong)

🐋 Big Moves

Whales added +30% holdings this week 🐳

USDe supply now $9.3B — 3rd largest stablecoin!

New partnership with Anchorage Digital ✅ Regulatory friendly

🎯 My Take

Break $0.85 → 🚀 $1.00 soon, maybe $1.13–$1.50 if hype stays 🔥

Watch $0.60 — if it breaks, trend could weaken

Overbought, so small pullback possible 📉

⚡ Bias: Still bullish but taking profit on spikes.