Ethena (ENA) recently formed a bullish golden cross on its three-day chart, signaling potential upward momentum. However, a similar pattern in 2025 led to a sharp 34% correction after reaching a peak, suggesting ENA might experience a roughly 35% pullback from its current $0.26-$0.28 range to around $0.17-$0.18. This correction zone aligns with key moving averages, possibly providing support if the broader recovery continues. ENA's strong 250% rally is backed by improved fundamentals, including reduced investor unlock risks, a buyback program, and expanded yield strategies, but overbought indicators imply a cooling-off phase may come first.
Ethena's recent technical signals come as the token trades at Rp4.632 on Pluang, showing a modest 0.74% gain as of Oct 01, 2026, 18:01 WIB. The market cap stands at Rp46,76 trillion with a daily trading volume of Rp15,5 trillion, reflecting active investor interest. Most Pluang users currently favor buying ENA, with 77% of order activity on the platform, and typical holders keep their positions for about 44 days.
Ethena (ENA) token price fell by 4.41% within an hour to $0.2646 on Binance spot trading, despite being up 6.48% over the previous 24 hours. During the same hour, long liquidations across Binance, Bybit, and OKX totaled $90,000, while no short liquid...
Standard Chartered initiated coverage on Ethena, assigning a $2 price target for its ENA token by the end of 2028, implying a potential 669% increase from current levels near $0.26. The bank projects the USDe stablecoin supply to grow from $4.9 billi...
Ethena (ENA) experienced a sharp 4.08% price decline within one hour on September 30, falling from $0.2771 to $0.2658 by 11:03 a.m. ET. This short-term drop occurred even though ENA had gained 4.48% over the previous 24 hours, showing volatility in i...
Ethena (ENA) token surged 4.67% within an hour to $0.2668 on September 30, extending its 24-hour gain to nearly 5%. The price increase was recorded on Binance's ENA/USDT spot market, with the token rising from $0.2549 to $0.2668. During the same hour...
Standard Chartered initiated coverage of Ethena (ENA) with a price target of $2 by the end of 2028. The bank highlighted Ethena's buyback program and its significant role in perpetual contracts, tokenization, and stablecoins, noting it as the fourth-...
