#ENA/USDT What could be the ETH (ENA) price prediction based on technical analysis?

One analyst, Captain Faibik, tweeted with bullish sentiment on platform X that In ETHena (ENA), a breakout took place from a falling wedge pattern on the daily chart.

Looks promising for a +50% price increase in the short term.

Similarly, ENA's daily chart shows that it has risen sharply from support and sustained above the 20-day and 50-day EMAs, demonstrating near-term bullish strength.

Likewise, the MACD shows a bullish cross, with the ENA histogram bullish at 0.0330 and the RSI flashing at 67.39. It shows that the Ethena cryptocurrency has not lost momentum and could continue to move higher in future trading sessions.

Therefore, if the upside breakout is strong, the next target for ENA price could be to reach the above levels, such as $1.00 and $1.51.

Conversely, if the price declines and trades inside the pattern again, the bullish pattern implemented in ENA will lose its meaning and will be invalid.

Likewise, in this scenario, if the ETH cryptocurrency price fails to exceed the $0.80 level, it could also fall further.