$ENA Ethena (ENA) is currently trading at $0.3693, showing signs of bullish momentum. The price is trending above its 50-day moving average of $0.2774, indicating an uptrend. The Relative Strength Index (RSI) is in a neutral zone at 68.7, suggesting the market isn't yet overbought, leaving room for potential gains. With resistance levels at $0.3901 and strong support around $0.2083, there's cautious optimism for upward movement.

However, trading volume remains below average, which could signal weaker momentum despite the price rise. Keep an eye on upcoming developments and market sentiment.

This analysis leans bullish, but monitor resistance at $0.3901 closely.

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