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Ethena price jumps 14%, nears key resistance with potential 45% surge if broken

Technical Signals
18 Apr 2026
AMBCrypto
View Source
Bullish
pluang ai news

Ethena (ENA) surged 14.22% to $0.123, approaching a critical resistance level at $0.1345 that has held since February 2026. Trading volume rose 72% to $283.55 million, signaling strong market interest. If ENA breaks this resistance, it could rally over 45% to around $0.198, but failure may lead to a sharp decline. Despite being in an overbought zone, increased holdings by top investors and rising open interest suggest bullish momentum and potential for further gains.

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