$ENA

Ethena (ENA) Analysis Today

Ethena's current price is $0.7071, with a market cap of $4.68 billion. In the last 24 hours, ENA has seen a -6.65% decrease ¹.

Key Highlights

- *Price Movement*: ENA price has moved -6.65% in the last 24 hours and +12.41% in the past 7 days.

- *Market Sentiment*: Technical analysis suggests a continued upward trajectory for ENA, with a "golden cross" forming - a classic bullish indicator.

- *Recent News*: Ethena has become the sixth DeFi protocol to surpass $10 billion in Total Value Locked (TVL).

Technical Analysis Points

- *Bullish Pattern*: An Inverse Head & Shoulders accumulation pattern has formed, indicating potential bullish momentum.

- *Price Targets*: Short-term target is $0.7630, with a mid-term target of $1.1265.

- *Support & Resistance*: Bulls need to reclaim $0.9961–$1.0299 to regain control ² ³.