#ENA #Ethereum

Analysis and Projection for Ethena (ENA)

ENA Summary and Projection:

Investors, it is essential to be patient and evaluate all your options carefully. Since ENA broke the falling wedge, it has fluctuated between 0.95 and 0.86. In the short term, I anticipate ENA's price to decline due to token unlocking, which will temporarily lower its price. However, this moment can represent an excellent buying opportunity, even to open short positions before the market stabilizes.

After its listing on Binance, the market capitalization of Ethena (ENA) is expected to rise between $2 billion and $2.8 billion. This suggests that the price per token could range between $1.2 and $1.7. Despite facing some challenges, I am confident that, thanks to its robust mechanism and commitment to innovation, Ethena has the potential to become one of the breakout narratives of the year.

Therefore, I consider this to be a key moment to carefully observe market behavior and take advantage of the investment opportunity in ENA. Always remember to do your own research before investing your capital.$ENA