Ethena (ENA) gained 4.34% to $0.0941 with a 69.15% surge in trading volume, driven by the highest Daily Active Addresses since November 2025. The token formed a bullish inverse head-and-shoulders pattern and broke out of a descending channel, approaching resistance at $0.096. Technical indicators like RSI and MACD support potential further gains if ENA breaks above this level, which could lead to a move toward $0.10. Traders are watching liquidity zones closely, as a breakout may trigger volatility and short liquidations.

More News (ENA)

Ethena price spikes 13% then falls as selling pressure grows and bears regain control below $0.10

Ethena (ENA) surged 13.22% early Monday but quickly lost gains, falling back below $0.09 amid rising token supply on exchanges. Over 300 million ENA tokens entered trading platforms last month, indicating increased selling pressure. The price failed ...

Technical Signals

Bearish

2 days ago

Ethena rises 4.34% as network activity peaks, eyeing key resistance at $0.096 for bullish breakout.

More News (ENA)

Ethena price spikes 13% then falls as selling pressure grows and bears regain control below $0.10

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Ethena rises 4.34% as network activity peaks, eyeing key resistance at $0.096 for bullish breakout.

More News (ENA)

Ethena price spikes 13% then falls as selling pressure grows and bears regain control below $0.10

Invest & Trade with#1 Award-Winning Investment Super App

iOS App Store

Google Play Store

Invest & Trade with
#1 Award-Winning Investment Super App