Investment
Features
FeesSafety
Academy
More
Pluang+

Ethena (ENA) rises 14% but long-term downtrend persists amid $94M token transfer and Robinhood Earn boost

Technical Signals
12 Jul 2026
AMBCrypto
View Source
Neutral
pluang ai news

Ethena (ENA) has gained 14.11% since early July, reclaiming short-term resistance at $0.08, helped by strong user deposits via Robinhood Earn. However, the token remains down 94% from its all-time high and faces a bearish long-term trend with key resistance at $0.105-$0.125. A recent $94 million ENA transfer between unknown wallets adds uncertainty. Traders should watch for sustained buying pressure and broader market support before expecting a bullish reversal.

More News (ENA)

banner-footerbanner-footer

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