#Ethena (ENA) Hits $0.4572 with 13% Surge – Is a Bigger Breakout Coming?

Ethena climbs to $0.4271 after gaining 13%.

$3.25M in ENA liquidations hit the market.

The extended downturn in the crypto market has pushed #Bitcoin down toward $86K, while #Ethereum hovers around $2.1K. However, Ethena (ENA) tells a different story—defying the slump and rallying over 13.47%, securing its place as the day’s top gainer.

In the early hours, Ethena traded at a low of $0.376. After riding the wave of bulls, ENA mounted to a high of $0.4572, breaking crucial resistances at $0.3979 and $0.4487.

At press time, Ethena traded at $0.4271 with its market cap reaching $1.37 billion. Furthermore, the market has observed a liquidation of $3.25 million worth of Ethena within this period. Besides, the daily trading volume has touched $695 million.