Technical analysis by InvestingScope about Symbol ENA: Buy recommendation (5/23/2025)

Ethena is neutral on its 1D technical outlook (RSI = 52.271, MACD = 0.053, ADX = 32.166) as it's trading between the 1D MA200 and 1D MA50. The last time a rebound was supported by the 1D MA50, was in October 2024 and was the start of a Channel Up to the top of the Rectangle. Go long and TP = 1.3000.## If you like our free content follow our profile to get more daily ideas. #### Comments and likes are greatly appreciated. ##