ENA is currently trading at $0.51. Its double-digit price increase has pushed it above the important resistance level of $0.47. This could turn into support if the buying pressure continues. If this happens, ENA could rise to $0.70.
ETHENA Price Analysis. Source: TradingView
However, this bullish forecast will be invalidated if the $0.47 price level fails to hold as support. In such a case, the ENA price could drop to $0.32.
