Ethena (ENA) Shows Bullish Signs: Key Support & Resistance Levels Explained

Ethena (ENA) price is experiencing a resurgence after months of range-bound trading. The coin’s price recently surged past the $0.5948 mark, with analysts attributing this growth to expanding DeFi applications and increased institutional interest. Well-known traders Lucky and CryptoKnight on X(formerly Twitter) have both shared charts highlighting potential bullish momentum if ENA can hold support and break through key resistance levels.