Ethena’s ENA witnessed an 11 rise, backed by technical signals like CMF at 0.36, showing robust capital inflows. The ADX at 25.6 confirms a strong uptrend, dominated by the +DI indicator showing HIGH buying over selling pressure.
If Ethena maintains its current momentum, the price may test resistance at 1.22, with potential growth to 1.32. However, should bearish trends prevail, breaching the 1.12 support could result in a downturn, challenging ENA price stability.