ENA Signals Major Reversal with Falling Wedge and Inverse Head and Shoulders
ENA shows bullish momentum with a wedge breakout and inverse head and shoulders, signaling a potential rally toward $0.75.
ENA shows bullish momentum with a wedge breakout and inverse head and shoulders, signaling a potential rally toward $0.75.
Ethena (ENA) trades near $0.3574, defending key support at $0.342. A breakout above $0.4000 could push prices toward $0.473.
Analysts are watching ENA's price action as it tests a key support, with a potential breakout above $0.45 signaling a reversal in momentum.
Ethena ($ENA) is poised for a breakout above $0.4600, with potential for a rally to $0.6800 or a pullback to $0.3200 if it fails.
Ethena may rebound as TD Sequential flashes a buy signal on the weekly chart near the key support area.
Ethena unlocks 66% of ENA supply, impacting market sentiment, while ENA trades near $0.3747 and USDe stablecoin gains institutional support.
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