Ethena $ENA is currently trading at $0.4448-$0.4449, with a 23.13%-23.14% increase in the last 24 hours. The resistance levels for ENA are:
- *$0.60*: a key resistance level that could serve as a hurdle for bullish momentum
- *$1.0347*: a current price level with potential targets at $1.0600, $1.1000, and $1.1500
Some analysts predict $ENA could see a price recovery, with a buy signal flashed from the TD Sequential indicator on the 12-hour chart. Key support levels to watch include ¹ ² ³:
- *$0.3602*: a 24-hour low
- *$0.9917*: a potential support level for ENA/USDT
The Total Value Locked (TVL) in the Ethena protocol is $12.76 billion-$5.921 billion, with a market capitalization of $3.18 billion ¹ ⁴. #ENA