Ethena (ENA) Price Prediction: Analyst Predicts a 40–50% Rally Ahead

Ethena is back on the radar and the price is up 2.11% over the past 24 hours, trading near $0.108 and slightly outperforming the broader crypto market. This doesn’t look like a news-driven spike. It feels more like a beta move, with the ENA price riding the broader bounce, but with a noticeable pickup in trading activity.

There’s no major headline pushing this higher. Instead, the structure on the chart is doing the talking. And technically, something meaningful just happened.

• ENA Breaks Out of 4-Hour Falling Wedge Structure
• The ENA Daily Chart Still Needs to Prove It
• Momentum Is Picking Up – But It’s Still Early

ENA Breaks Out of 4-Hour Falling Wedge Structure

On the 4-hour chart shared by ZAYK Charts, the ENA price had been stuck inside a clean falling wedge for weeks. It kept printing lower highs and lower lows, slowly grinding down from around $0.25 to the $0.095–$0.10 zone. That squeeze has now broken to the upside.

Source: X/@ZAYKCharts

The breakout came right after the ENA price tapped a local low near $0.095. Buyers stepped in, reclaimed $0.105, and pushed the price back toward $0.11. The projected move from the wedge points to a potential 40–50% rally, with targets around $0.15–$0.16, an area that previously acted as a breakdown zone.

For now, the breakout is holding. The ENA price has moved above the upper wedge trendline and is trying to build support on top of it. The next hurdle is around $0.115, which has capped the price several times in recent weeks. If ENA can secure strong 4-hour closes above $0.115, the bullish case becomes much more convincing.

The ENA Daily Chart Still Needs to Prove It

Zooming out, the bigger picture is still cautious. On the daily chart shared by Crypto Candy, the ENA price remains inside a broader descending channel that has been in place since late 2025. Every bounce over the past few months has eventually faded under resistance.

The key level here is $0.105. This zone acted as support before, and it just held again after a brief dip below it. That wick under $0.10 looks like a classic liquidity sweep before a rebound.

Source: X/@Cryptocandy24x

As long as the ENA price keeps closing above $0.105 on the daily chart, bulls have something to work with. Lose that level, and $0.095 comes back into play quickly. Above, there’s a heavy resistance band between $0.13 and $0.19. Those prior supply zones will not be easy to break through if price starts climbing.

Bitcoin (BTC) Price Forecast for the Next 8 Months_**

Momentum Is Picking Up – But It’s Still Early

There’s clearly more participation in this bounce compared to earlier attempts. Even simple posts like Crypto Candy’s “$Ena” show that attention is creeping back in. Still, this is early. The ENA price is bouncing from oversold conditions, but it hasn’t reclaimed major moving averages or broken the larger bearish structure yet.

In the short term, the levels are straightforward. Stay above $0.105 and the breakout remains valid. Clear $0.115 and the door opens to $0.13 and potentially $0.15–$0.16. Drop back below $0.105, especially with weak volume, and the bearish trend could quickly reassert itself.

Right now, the ENA price is at a decision point. The falling wedge breakout has given bulls a shot. The next few sessions will show whether this turns into a real 40–50% move, or fades into another temporary bounce within a bigger downtrend.