$ENA ETHENA (ENA) IS BACK ON THE RISE AND HERE'S WHY IT COULD EXPLODE IN THE COMING HOURS
Indicators in favor of Ethena (ENA) After a period of marked downtrend since January 2025, the Ethena (ENA) token is showing encouraging signs of recovery this May. The cryptocurrency recently...
Support and Resistance Levels to Watch
For traders and investors following ENA, several key levels are worth watching:
* Support: The $0.25500 level has been tested several times since March and appears to constitute a solid base.
* Immediate Resistance: The 100-day EMA at $0.37 and the 20- and 50-day MAs at $0.32.
* Next Resistance (if broken): The $0.60-$0.70 area could be the next target.
Technical analysis of Ethena (ENA) suggests that a trend reversal may be underway, with several indicators pointing to a resumption of bullish momentum.
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