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

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

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, approac...