TLDR
- ENA trades near $0.45 after a sharp retracement from $0.70 highs.
- Key support lies at $0.38–$0.40, aligning with historical accumulation zones.
- Targets include $0.73, $1.05, and $1.52 if bullish momentum is sustained.
- A drop below $0.35 could trigger a deeper correction toward the $0.25 range.
The ENA price is consolidating within a tight range after an extended correction, and traders are watching a critical zone near $0.38–$0.40. This level, which has acted as a historical base in previous cycles, could determine the token’s next major trend. Market structure across the 4-hour and 12-hour timeframes suggests a potential accumulation phase forming before a broader recovery.
Technical Structure Shows Compression Before Potential Breakout
The ENA/USDT 4-hour chart forms a symmetrical triangle pattern, reflecting compression after months of sideways trading. The token has retraced toward the lower boundary, landing in the $0.38–$0.40 zone, a region that aligns with both diagonal and horizontal supports.
ENA/USD 4D Chart | Source: X
Historically, similar structures have preceded strong upward movements when this area acted as a re-entry point for long-term holders. Within this zone, early accumulation appears to be taking shape. Technical indicators such as RSI and trading volume show exhaustion signals, suggesting that selling pressure may be fading.
Key Levels Define the Path Toward Mid-Term Recovery
Moreover, beyond the shorter timeframe setup, the 12-hour chart shows a broader consolidation pattern around $0.45, which has acted as a critical reaction level in past cycles. Every decline into the $0.35–$0.45 range historically triggered accumulation before a strong recovery. This repeated behavior strengthens the argument that ENA may be near another base formation.
If the token holds support above $0.38, it could rally toward $0.54, the midpoint resistance that aligns with the prior breakdown zone. A breakout above this threshold may confirm a mid-term trend reversal, shifting sentiment from caution to recovery. From there, an extended move could push toward the $0.70–$0.80 region. Sustaining momentum above these levels would confirm a transition from accumulation to expansion.
Resistance Zones Could Limit Initial Upside
Nonetheless, the next significant hurdle for the ENA price lies between $1.15 and $1.30, where earlier rallies in 2025 faced heavy rejection. This range represents both a psychological barrier and a structural resistance zone. Breaking through it would require strong market conviction and growing volume support, signalling renewed institutional participation.
ENA/USD 12H Chart | Source: X
A successful close above $1.30 could open the path toward a macro breakout, validating the broader recovery trend projected into early 2026. However, traders must remain cautious. Price rejection near these highs could trigger short-term pullbacks as investors take profits, temporarily slowing upward momentum.
Breakdown Below Support May Extend Consolidation
In contrast, failure to defend the $0.38 support would weaken the bullish setup, potentially extending ENA’s corrective phase. A close below this zone could expose the price to $0.25, a long-term base where previous bear markets found stability. While such a scenario would likely delay the recovery timeline, it would also offer long-term accumulation opportunities for patient investors.
Ultimately, the market’s next move hinges on how price reacts within the $0.38–$0.45 range. A strong rebound could validate the projected targets up to $1.05 and beyond, while a breakdown might shift focus toward deeper support. Traders are closely monitoring volume surges and breakout confirmations, viewing the current consolidation as a pivotal point for ENA’s next directional phase.
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