<ul data-eligibleForWebStory="false"><li>Ethena (ENA) broke the 50-day EMA mark, surging 23% in the last 24 hours, indicating a strong bullish trend.</li><li>The price action suggests a trend reversal after a period of consolidation, with ENA aiming for the crucial 200-day EMA resistance at $0.41397.</li><li>ENA's breakout is supported by a 121% increase in daily trading volume, signaling interest from institutions and retailers.</li><li>Technical indicators like RSI and MACD are supporting the bullish perspective, with the 200-day EMA serving as a key level to watch for further price movements.</li></ul>

Ethena Explodes 23% Breaking Critical 50-Day Moving Average Barrier

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