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Ethena’s price shows strength and surpasses resistance levels

Ethena defies market corrections: Ethena’s (ENA) price maintains strength despite general market declines. AMCrypto noted significant upside potential for those who invested below $0.40. Technical analysis suggests a bullish trend, reinforced by a “cup-and-handle” formation, indicating a positive market outlook.

Breakout indicates bullish future: Ethena’s breakout above the $1.00–$1.20 resistance marks increased buyer interest. This zone now acts as a support level, highlighting potential growth. If ENA stabilizes here, further price increases could follow, making it an asset to watch amid market changes.

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