{"id":40993,"date":"2025-08-07T14:01:49","date_gmt":"2025-08-07T14:01:49","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40993"},"modified":"2025-08-07T14:01:49","modified_gmt":"2025-08-07T14:01:49","slug":"will-ena-smash-the-0-65-barrier-after-12-rally","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40993","title":{"rendered":"Will ENA Smash the $0.65 Barrier After 12% Rally?"},"content":{"rendered":"<div>\n<p><b>TL;DR<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">ENA trades above all major EMAs, confirming a short-term bullish trend in the current structure.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">$0.65 remains a critical resistance level; holding above it could open the path to $0.75.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Retail participation spikes in the $0.60\u2013$0.70 range, often linked with caution near local tops.<\/span><\/li>\n<\/ul>\n<h2><b>ENA Nears Key Resistance Zone<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ethena (ENA) traded around $0.63 at press time, after gaining roughly 12% in the past 24 hours. The daily trading volume stands close to $780 million. Despite being down 5% over the past week, the short-term trend is showing renewed strength.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the token remains in consolidation just under the $0.65 level, identified as a critical point in previous market cycles. Analyst CryptoAmsterdam noted that <\/span><a href=\"https:\/\/cryptopotato.com\/3-reasons-why-the-ethena-ena-price-has-soared-by-160-in-the-past-month\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400;\">breaking<\/span><\/a><span style=\"font-weight: 400;\"> and holding above this range quarter mark could act as a trigger for a further move up.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If that happens, price targets may shift toward the mid-range near $0.75. If not, a move back to support near $0.35 remains possible.<\/span><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">\/\/ <a href=\"https:\/\/twitter.com\/search?q=%24ENA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$ENA<\/a> (update)<\/p>\n<p>Still consolidating below the 0.25 (range quarter) resistance, looking very good.<\/p>\n<p>Two scenarios:<\/p>\n<p>&gt; We flip the 0.25<br \/>\nAfter some more consolidation, and continue to fly higher. This level is often (!) a launchpad into stage 5 of the cycle.<\/p>\n<p>If we do break\u2026 <a href=\"https:\/\/t.co\/SS4ufsugRI\" data-wpel-link=\"external\" target=\"_blank\">https:\/\/t.co\/SS4ufsugRI<\/a> <a href=\"https:\/\/t.co\/9lJZPIa4go\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/9lJZPIa4go<\/a><\/p>\n<p>\u2014 CryptoAmsterdam (@damskotrades) <a href=\"https:\/\/twitter.com\/damskotrades\/status\/1953364865869070654?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">August 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><b>Indicators Support Upward Momentum<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">On the 4-hour chart, ENA trades above the 20, 50, 100, and 200-period exponential moving averages (EMAs). These are aligned in bullish order, with the current price sitting well above the 200 EMA near $0.49. This pattern often suggests a continuation in the current trend.<\/span><\/p>\n<figure id=\"attachment_407687\" aria-describedby=\"caption-attachment-407687\" style=\"width: 2390px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-407687 size-full\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04.png\" alt=\"ENA price chart\" width=\"2390\" height=\"1294\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04.png 2390w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04-300x162.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04-1024x554.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04-768x416.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04-1536x832.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04-2048x1109.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/ENAUSDT_2025-08-07_15-51-04-50x27.png 50w\" sizes=\"auto, (max-width: 2390px) 100vw, 2390px\"><\/a><figcaption id=\"caption-attachment-407687\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Additionally, the Money Flow Index (MFI) reads 57. This signals growing buying interest but still leaves room before overbought conditions are reached. An MFI under 80 suggests the trend may still have room to run.<\/span><\/p>\n<h2><b>Retail Traders Are Active Again<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Data from CryptoQuant shows retail activity has increased sharply. The latest readings in the $0.60 to $0.70 range are marked red, labeled as \u201cToo Many Retail,\u201d a sign of heavier participation by smaller traders. Similar past clusters have often appeared near local peaks.<\/span><\/p>\n<figure id=\"attachment_407683\" aria-describedby=\"caption-attachment-407683\" style=\"width: 4000px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-407683 size-full\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge.png\" alt=\"Ethena Spot Retail Activity Through Trading Frequency Surge\" width=\"4000\" height=\"2250\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge.png 4000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge-300x169.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge-1024x576.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge-768x432.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge-1536x864.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge-2048x1152.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/08\/Ethena-Spot-Retail-Activity-Through-Trading-Frequency-Surge-50x28.png 50w\" sizes=\"auto, (max-width: 4000px) 100vw, 4000px\"><\/a><figcaption id=\"caption-attachment-407683\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Crypto Rand <\/span><a href=\"https:\/\/x.com\/crypto_rand\/status\/1953126397100036421\" data-wpel-link=\"external\" target=\"_blank\"><span style=\"font-weight: 400;\">noted<\/span><\/a><span style=\"font-weight: 400;\"> the same trend, pointing to strong inflows and steady consolidation. The current trading pattern suggests the market is waiting to see whether this level will break or hold.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Finally, the $0.65 level remains a key area. A confirmed breakout could open the way toward higher targets. Failure to hold above that line may bring price back to the lower range. Until then, the market structure stays neutral, and traders are watching for confirmation in either direction.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/will-ena-smash-the-0-65-barrier-after-12-rally\/\">Will ENA Smash the $0.65 Barrier After 12% Rally?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR ENA trades above all major EMAs, confirming a short-term bullish trend in the current structure. $0.65 remains a critical resistance level; holding above it could open the path to $0.75. Retail participation spikes in the $0.60\u2013$0.70 range, often linked with caution near local tops. ENA Nears Key Resistance Zone Ethena (ENA) traded around $0.63 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-40993","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=40993"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/40993\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}