ena

Ethena ( $ENA ) is trading near $0.1093, hovering just above a critical technical level that could determine its short-term direction.

After a prolonged downtrend from late 2025 highs near $0.80, ENA has compressed into a decision zone, with analysts identifying $0.108 as the level that must hold to prevent further downside.

$0.108 is the key support. If price stabilizes above this threshold, a rebound toward $0.129 becomes technically viable. A break below it, however, would signal continued structural weakness.
Price Structure and Momentum
The latest chart shows a clear macro downtrend, with ENA declining steadily from the $0.75–$0.80 range in September toward its current levels near $0.11. Volume spiked during several waves of selling pressure, particularly in late 2025 and early February 2026, confirming strong distribution phases.

Now, price is consolidating just above $0.108, which aligns with recent local lows and horizontal support on the lower timeframe. A sustained hold above this level could form a short-term base. If momentum returns, resistance levels near $0.118 and $0.124 would likely be tested before $0.129 comes into focus.

Fundamental Expansion: suiUSDe Launch
Despite technical weakness, Ethena continues to expand its ecosystem. The protocol recently launched suiUSDe on the Sui network, opening a $25 million liquidity pool via Ember. This move extends Ethena’s synthetic dollar infrastructure into the non-EVM yield-stable market, marking a strategic expansion beyond Ethereum-native environments.

This cross-chain deployment broadens the protocol’s reach and signals ongoing development activity even during a bearish price phase.

TVL Stability and Institutional Trust
Ethena’s Total Value Locked remains above $6.95 billion, demonstrating resilience amid market volatility. While ENA’s token price has faced pressure, the protocol’s capital base suggests continued institutional participation and usage.

Sustained TVL strength often acts as a stabilizing factor during corrective cycles, though it does not automatically translate into immediate price recovery.

Regulatory Risk in Focus
Sentiment has also been weighed down by regulatory uncertainty. A proposed bill in Brazil seeks to ban algorithmic stablecoins, including structures similar to USDe. While the legislation is still under discussion, the headline risk has contributed to cautious positioning among market participants.

Regulatory developments remain a key variable for the synthetic dollar model and could influence ENA’s risk profile in the coming months.
XRP Adds $1.3 Billion in 2026, Already Surpasses All of 2025
The Level That Matters
At present, the technical structure is straightforward:

Key support: $0.108
Upside target if held: $0.129
If ENA defends $0.108 and buying pressure builds, short-term recovery toward $0.12–$0.13 becomes plausible. However, a decisive break below support would likely open the door to deeper downside exploration.

With ENA currently trading near $0.109, the market is at a pivotal point. The reaction around $0.108 will determine whether this is the beginning of a stabilization phase, or simply a pause within a broader bearish trend.
#ENA

As of February 20, 2026, ENSO has seen explosive growth, surging over 100% in the past 48 hours to trade around $2.10–$2.20, with a 24-hour volume spike of 597% to $365 million. This rally follows a multi-month accumulation phase, breaking out from a cup-and-handle pattern and a rounding bottom on the daily chart. From a 24-hour low near $1.25, it hit highs above $2.20, driven by high liquidity churn (turnover ratio ~8.76) and speculative momentum. Earlier in February, prices hovered around $1.20–$1.30, making the current move a structural repricing amid broader altcoin selectivity. Social buzz on X highlights it as a top gainer (+56% intraday), with traders noting its outperformance against majors like BTC (+1.1%) and SOL (+1.6%).      The catalyst was Enso’s live production deployment with Chainlink’s Cross-Chain Interoperability Protocol (CCIP) on February 17–19, teased as “building the missing link” for cross-chain functionality, boosting adoption with 145+ integrations and $17B in processed volume.

Technical and Fundamental Analysis
Technically, ENSO’s breakout above $1.80–$2.00 resistance (now flipped to support) confirms bullish momentum, with RSI at 74 indicating overbought conditions but room for extension in strong trends. MACD shows upward crossover on daily/weekly timeframes, though some sources note potential bearish divergence on weekly if momentum fades. Volume expansion supports sustainability, but volatility is high—watch for pullbacks to $1.80 or $1.53 (50-day MA). Fundamentally, Enso’s value lies in its developer-friendly ecosystem: 1,900+ builders, 250+ protocols integrated, and partnerships like CoW DAO for intent-based trading. Risks include “buy the rumor, sell the news” post-announcement fades, broader market downturns, and competition in chain abstraction (e.g., from NEAR or Cosmos). Long-term, with $17B TVL potential and growing DeFi adoption, it’s positioned for growth, though predictions vary widely.      Price forecasts for 2026 range from conservative ($1.34–$1.82 avg) to optimistic ($2.80 avg, max $5.50), with 2030 targets up to $15–$35 if multi-chain narratives dominate.    
Profit Taking Strategy
Assuming an entry near the recent low (~$1.25, as per 24h data) or your shared chart’s base (~$1.62), current prices yield 68–68% unrealized gains, with peaks at +77% from lows. For profit taking in volatile surges like this: Scale out systematically to lock in gains while allowing upside. Take 30–50% off at the first resistance ($2.20–$2.50, near recent highs or 1.618 Fib extension), another 20–30% at $3.00–$4.00 (psychological/ATH targets), and trail the rest with a stop-loss at breakeven or 10–20% below entry (e.g., $1.80 support). This captures 50–80% of potential profits (e.g., $0.75–$1.50 per token from $1.25 entry) while mitigating downside if the rally fades post-news. Always risk 1–2% of capital per trade, use volume confirmation, and adjust based on RSI cooling below 70—not financial advice, as markets can reverse quickly.
$ENSO
#ENA #Binance #BTC走势分析 #USJobsData #BTCVSGOLD