Ethena Price Forecast – ENA $ENA
ENA is trading around $0.6279, consolidating tightly between $0.55 support and $0.70 resistance. Sellers continue to cap moves at $0.70, but a decisive breakout could pave the way toward $0.75+.
Short-Term View:
📈 4H chart shows ENA holding above key EMAs — bullish while it stays above $0.60
📊 Bollinger Bands are widening, hinting at incoming volatility
📉 Daily RSI at 64 signals strong momentum unless it drops below 60
Mid to Long-Term View:
🔼 A breakout above $0.75 with $0.60 support intact could drive gains toward $0.88
🔼 Continued strength may target $1.00+
🔼 With adoption growth, $1.50 remains possible — dips near $0.75 could invite buyers
Key Takeaway:
ENA is coiling up for a potential move. A push above $0.70 could spark a rally, but slipping under $0.55 risks downside. Stay alert — things could get exciting.