Bullish Rally Set to Explode to 0.3700 Level
The post Bullish Rally Set to Explode to 0.3700 Level appeared on BitcoinEthereumNews.com.
Key Insights: Ethena surges 6.58%, breaking key resistance with a bullish target set at $0.3700 by analysts. Analyst warns traders to wait for recovery signs despite bullish breakout and growing market activity. Whale wallet acquires 25M ENA from Bybit, boosting sentiment with $6.7M purchase confirmation. ENA Breakout Confirmed: Bullish Rally Set to Explode to 0.3700 Level Ethena (ENA) has broken out of a key trading range, confirming what several market watchers had expected. With a current price of $0.261236 and a 6.58% gain in the last 24 hours, traders are now eyeing a possible rally toward the $0.3700 level. Trading volume has also increased sharply, now standing at over $244 million within 24 hours. This breakout is gaining attention across, where some believe the move signals the start of a bullish trend. Others remain cautious and urge for confirmation of recovery before taking positions. ENA Breakout Toward 0.3700 Target Clifton Fx, a market analyst, has confirmed a bullish breakout for ENA, projecting a potential rally toward the 0.3700 level. According to the analyst, this move aligns with earlier forecasts, signaling a strong continuation of upward momentum. The breakout confirmation suggests increased buying pressure and renewed investor confidence in the asset. Technical indicators referenced in previous analysis pointed to a breakout pattern forming, which now appears validated with price action surpassing resistance levels. ENA Potential Breakout | Source: X With market sentiment appearing uncertain, analysts highlight that patience could prove more strategic than early entry. ENA Needs Recovery Before New Entries However, Crypto analyst Sjuul has flagged a critical juncture for $ENA, describing the current price zone as a “do-or-die level.” Sjuul noted that the coin, once recognized for its strong performance, is now testing a major support level. While the chart reflects historical strength, Sjuul cautions against premature entries, advising…
Filed under: News - @ November 25, 2025 1:26 pm