Ethena has been on an upward trajectory for several months, and recent gains have put the token in a strong position to reach new highs. A significant increase in Total Value Locked (TVL) coincides with price growth that’s holding strong above previous gains. This suggests support levels around $0.42-$0.44 are now robust, potentially setting the stage for a substantial price surge. 💰 The ENA price recently reached its peak this year, only to experience a 80% pullback after failing to break through to the anticipated high near $1.50. However, recent rebound after a prolonged period of consolidation between $0.35 and $0.25 points towards a resurgence of bullish sentiment for Ethena. Moreover, the token appears set to repeat its previous pattern, potentially leading to a 200% price increase in the coming months. 🚀