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Ethena (ENA) Price Surges 18%, Is Further Rally Ahead?

  • Ethena (ENA) price surged 18% in intraday trading after hitting a low of $0.25500.
  • Bullish signs include a MACD crossover and positive social sentiment, indicating a potential momentum shift.
  • RSI at 64.61 confirms an uptrend without reaching overbought levels.
  • Technical analysis suggests early signs of recovery for Ethena, with positive price movements and resistance levels at $0.49850 and $0.50.

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