The post ENA Price Action Signals Possible Trend Reversal appeared on BitcoinEthereumNews.com.

ENA price action hints at a potential rebound with higher lows forming, though resistance zones still cap upside momentum. Market focus has shifted toward Ethena as price action shows early recovery signs. After weeks of declines, ENA has started stabilizing near key levels. Analysts are reassessing momentum as short-term charts hint at change. Analysts stress caution, yet renewed buying interest keeps ENA active across markets today. ENA Early Signals Support Rebound Narrative Ethena price action has shown signs of structure improvement on lower timeframes. Higher lows have started forming after the recent pullback. This pattern often attracts traders seeking early trend shifts. Buying activity has increased near previously defended demand zones. Ali Charts noted that the current movement could mark the start of a rebound. The observation aligns with recent stabilization after sharp monthly losses. Short-term volatility remains present, yet downside pressure has slowed. Traders now monitor whether the price can maintain this structure. This could be the very beginning of a major rebound for Ethena $ENA. https://t.co/07p4Tmxv0G pic.twitter.com/fh2rYcLxHP — Ali Charts (@alicharts) January 3, 2026 Momentum indicators remain mixed across several timeframes. Some oscillators signal neutral conditions rather than strong continuation. This often appears during transition phases in volatile assets. Therefore, confirmation still depends on sustained directional movement. Mixed Technical Levels Shape Short-Term Outlook ENA has approached upper channel resistance during the recent bounce. Sellers became active near this zone, causing short-term hesitation. Such reactions commonly appear during early recovery attempts. Traders now watch how the price behaves around these boundaries. Several analysts highlight the importance of holding above nearby support. Failure to hold these levels may trigger renewed downside pressure. Conversely, sustained trading above resistance could strengthen recovery expectations. Short-term setups remain tightly managed due to uncertainty. 🚨 $ENA at channel resistance Price has pushed back into the…

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Filed under: News - @ January 3, 2026 10:35 pm