Ethena Price Prediction: Is ENA Ready for a Major Breakout Rally?

ENA’s Technical Turnaround: Why $0.090 is the Ultimate Floor

In a $2.36 trillion global crypto market, where Ethereum has jumped nearly 9%, Ethena is finally showing signs of life.

After weeks of pressure, price has reacted strongly from the key $0.090 support zone. Bulls stepped in hard at this level, and short-sellers are clearly uncomfortable now.

This move does not look random. When fear spreads and sentiment turns weak, bigger players often begin accumulating quietly. That shift is slowly reflecting on the chart.

In this Ethena Price Prediction, the real question is simple.

Is this just a short relief bounce, or the beginning of a larger move toward higher psychological levels?

Why Is Ethena Up Today? Technical & Fundamental Reason

Fundamental Boost

ENA powers USDe, and Ethereum's 9% rally improves Ethena staking yield dynamics. That adds quiet fundamental support to this Ethena Price Prediction.

Volume Confirmation

As per CoinMarketCap data, 24h volume jumped to $182.28M, up 123.45%. Breakout is backed by real participation, not just price movement.

Technical Outlook

Ethena formed a clear base near the $0.0950 zone on the 1-hour chart, and from there the recovery has not been random. 

The structure looks rounded, almost like slow accumulation first, then momentum expansion.

Price has now moved above the 50 EMA, which often shifts short-term sentiment from defensive to constructive. 

Earlier, RSI had dipped into the oversold zone, showing exhaustion from sellers. That oversold condition created room for a bounce.

Now, after a sharp push upward, a small pullback looks normal. Markets rarely move in a straight line. 

Short-term traders usually book profits near intraday resistance, which creates temporary cooling before the next decision.

The rounded recovery hints that selling pressure is slowly losing control.
But continuation will depend on how price behaves near resistance levels.

• Support: $0.1077
  Major Support: $0.1028
  Strong Base: $0.0942

• Immediate Resistance: $0.1134
  Next Resistance: $0.1243
  Major Resistance: $0.1306

If buyers hold above the 50 EMA and defend $0.1077, momentum can stay intact.
If the price slips back below $0.1028, short-term structure weakens again.

ENA 4H Falling Wedge Breakout: 40–50% Upside?

As highlighted by ZAYK Charts on X, ENA has confirmed a falling wedge breakout on the 4-hour timeframe.

For weeks, price was forming lower highs inside a tightening structure. Selling pressure was gradually slowing. Not panic, more like exhaustion. That compression phase has now resolved to the upside.

In this Ethena Price Prediction outlook, the breakout zone near $0.105–$0.110 suggests a potential 40–50% bullish wave.

• 40% target: Around $0.145–$0.148

• 50% target: Around $0.155–$0.160

This area also aligns with a previous supply zone on the higher timeframe.

If ENA sustains above $0.105 and holds the breakout structure, upside continuation remains possible.

A move back below $0.100 would weaken the breakout momentum.

ENA Daily Targets Shared by CryptoCandy

CryptoCandy has highlighted key upside targets on the daily timeframe after the recent bounce from the green demand zone near $0.097–$0.100.

According to the shared chart, the projected bullish targets are:

First target: $0.13

Second target: $0.19

Third target: $0.25

Extended target: $0.30

Price is reacting from a strong support base. If momentum sustains above $0.110, higher levels may slowly open up.

Continuation will depend on whether ENA can maintain strength above the recent breakout zone.

Expert View on Ethena Price Prediction

In this Ethena Price Prediction, the current bounce from the $0.090–$0.095 demand zone shows early signs of structural recovery rather than a random spike.

The 4-hour falling wedge breakout and reclaim of $0.110 suggest improving sentiment. However, sustained strength above $0.105 is crucial for continuation toward higher targets like $0.19 and $0.25.

If ENA fails to hold reclaimed support, momentum may slow and consolidation could return.

For now, structure leans cautiously bullish. But real confirmation will come only if momentum sustains beyond this initial breakout.

Disclaimer: Cryptocurrency markets are highly volatile. This price prediction is based on technical structure and current developments, not financial advice. Investors should conduct independent research and assess risk tolerance before making decisions.