Technical analysis by MadWhale about Symbol ENA: Buy recommendation (8/5/2025)

Hello✌️ Let’s analyze Ethena’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: Every $1B rise in USDe means more demand for ENA tokens as collateral. With $290M revenue, ENA shows strong, steady growth potential 🚀. 📊Technical analysis: ENAUSDT is approaching a critical daily support zone that also coincides with a key level on the daily chart 📉. If this support holds firm, we could see a strong 29% rally toward the 0.75 target 🎯. This setup offers a clear risk-reward for traders watching closely. ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks, Mad Whale