Ethena $ENA is trading at $0.3949 (+3.44%) with a 24h range of $0.3601 – $0.3957. Market cap stands at $2.3B with $300M in daily volume.
Bullish Breakout: ENA has broken 3-month resistance, forming a double bottom and cup-and-handle pattern, signaling strong upward momentum.
Short-Term Prediction: Analysts see ENA hitting $0.48 by May 25 and potentially $0.58+ by early June. Long-term targets show highs up to $1.39.
Key Levels:
Support: $0.2315
Resistance: $0.8049
Caution: Whale activity on Binance hints at recent short covering. Stay alert!
#ENA #CryptoNews #Binance #TechnicalAnalysis
