Ethena Price Outlook – ENA$ENA
ENA is currently hovering around $0.6279, consolidating within a tight range between $0.55 support and $0.70 resistance. Sellers consistently step in at $0.70, but a clean breakout could open doors toward $0.75+.
Short-Term Snapshot:
📈 4H chart shows ENA holding above key EMAs — bullish as long as it stays above $0.60
📊 Bollinger Bands are expanding, suggesting a volatile move may be near
📉 Daily RSI sits at 64, strong momentum unless it dips below 60
Mid to Long-Term Perspective:
A break above $0.75 with support holding at $0.60 could fuel a rally toward $0.88
Sustained uptrend might push toward $1.00+
With strong adoption, $1.50 isn’t out of reach — dips near $0.75 could attract buyers
Bottom Line:
ENA is in coil mode. A breakout above $0.70 could trigger a strong rally. But losing $0.55 might spell downside. Keep an eye — this could get interesting.