TL;DR
- ENA won 20% weekly, discovering out $0.85 resistance while crimson meat up remains solid advance $0.70.
- Analysts imprint buybacks and Binance’s USDe checklist as catalysts for Ethena’s bullish momentum.
- Targets fluctuate from $1.25 to $5.00 if ENA holds above $0.68 and momentum continues.
ENA Presentations Stable Weekly Efficiency
Ethena (ENA) has posted a pointy upward push within the past week, gaining over 20%. The token is now priced at $0.84, with a 24-hour purchasing and selling quantity of $1.44 billion. Every day gains stand at 9%.
Crypto analyst Altcoin Sherpa acknowledged the asset exhibits solid momentum, noting that while profit-taking would be regarded as advance unusual stages, the mid-term pattern remains obvious.
“I silent am keeping my attach and it’s doubtlessly okay to steal some profit round here. With that acknowledged, I relish deem that this trades elevated within the mid term,” he acknowledged.
Chart data exhibits ENA discovering out resistance advance $0.85, which aligns with the 0 Fibonacci stage. This has change valid into a obligatory transient barrier, where some promoting process might maybe maybe well seem. Give a steal to is currently considered round $0.70 (0.236 Fib), with deeper stages at $0.61 and $0.fifty three. These stages might maybe maybe well act as probably areas for investors if the market retraces.
$ENA: Grand coin, all individuals shilling it and it’s silent going elevated. announcement after announcement, beauty.
I silent am keeping my attach and it’s doubtlessly okay to steal some profit round here. With that acknowledged, I relish deem that this trades elevated within the mid term. Grand coin. pic.twitter.com/0MpvXpWioq
— Altcoin Sherpa (@AltcoinSherpa) September 9, 2025
Stable seeking process is evident in most up-to-the-minute purchasing and selling sessions, supported by elevated inexperienced quantity bars. Which capacity that assign a query to is silent imprint, at the same time as ENA approaches advance-term resistance.
Analysts Explore Bigger Targets
Rand pointed to buyback functions as a key take into accout most up-to-the-minute imprint energy, writing,
“No take a seat again for $ENA, the buybacks program on paunchy build. Resulted in the bullish breakout on the local downtrend, wants unusual ATH.”
The weekly chart furthermore reflects a bullish construction, with ENA keeping above the crimson meat up fluctuate of $0.forty eight–$0.55, which flipped from resistance into crimson meat up earlier this one year.
Attain echoed this sentiment, stating,
“All the pieces below $1.1 is low-imprint, it’s time we plight a brand unusual ATH.”
Within the meantime, the comment comes as Binance no longer too long within the past listed USDe, with total worth locked (TVL) surpassing $13 billion, boosting sentiment round the Ethena ecosystem.
The next important resistance stages are at $1.32 and $1.52, both marking outdated swing highs. If these are broken, ENA might maybe maybe well enter imprint discovery.
Long-Term Outlook
Crypto Patel mighty that ENA is already up 270% from his preliminary entry, nonetheless silent has room to develop.
“$ENA is silent up 270% from our first entry nonetheless I guess it silent has room to flee, $5 probably on the horizon,” he said.
Patel’s chart aspects to multiple upside targets: $1.25, $2.60, $4.00, and $5.00+. As long as ENA holds above $0.68, the construction suggests continuation towards elevated stages. The pattern of elevated lows and elevated highs after long consolidation phases helps the bullish case.
Overall, ENA remains in a solid uptrend, with analysts figuring out key resistance aspects ahead and projecting elevated imprint ranges if momentum continues.
