#Ethena ($ENA )

$ENA is at a critical "make-or-break" level, currently trading at $0.1036 with whales beginning to bottom-fish despite massive upcoming token unlocks. The protocol's fundamentals are actually strengthening, with Q1 revenue already outpacing Q4 2025 and a new $10M partnership with SUI Group boosting its stablecoin infrastructure. Watch the $0.12 resistance closely, a clean breakout there targets $0.13, but the trend remains heavy.