$ENA is gaining momentum, but remains under pressure.

Ethena (ENA) is a DeFi project on Ethereum related to the issuance of the synthetic dollar USDe. The recent growth of ~16% to $0.28 was triggered by the launch of ETP by 21Shares in Europe, which expands access for institutions. An additional driver is the purchases by Arthur Hayes, which have increased interest in the token. Technically, ENA shows breakout signals at $0.28, supported by rising volumes and open interest. However, risks are associated with upcoming unlocks and a reduction in the supply of USDe. In the short term, ENA appears to be a speculative asset with growth potential, but high volatility. Do you think it will rise again to $1?