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The RSI sits near 61.66, showing bullish momentum without reaching overbought territory. This gives room for further gains, though failure to maintain support at $0.65 could possibly lead to profit-taking and a retest of $0.56.
Why is ENA’s price up today?
A $260M buyback program and strong USDe growth have reduced supply and boosted demand.
What price levels should traders watch?
Resistance is at $0.70 and $0.772. Support lies at $0.65 and $0.56 if momentum fades.
How will today’s token unlock affect ENA?
The $25M unlock may create short-term selling pressure, but strong fundamentals could limit downside risk.
