Markets· ★★· bullish·

ENA Jumps 7% to $0.20 as Analysts Flag $0.215 as Trend Pivot

  • —ENA rose over 7% in 24 hours on more than $405 million in trading volume
  • —Analyst sets $0.30 target on a hold above $0.215, warns of a drop to $0.135 otherwise
  • —Ethena TVL has grown $1.32 billion since early August, daily fees top $4 million
  • —Janus Henderson holds an ENA position and plans to use staked USDe for cash management
Why it matters: A break above $0.215 would confirm ENA's trend reversal, with buyback expectations and institutional demand for USDe as key catalysts.
#ENA
Source: TokenPost
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