Ethena jumps 13% – ENA could hit $0.68 if this level holds

Ethena experienced a 13% increase to 0.622 USD, driven by a significant trading volume of 1.14 billion USD. The Long/Short Ratio above 2 indicates traders are anticipating further price increases, aiming for 0.68 USD to 0.70 USD.

With buying volume surpassing sell volume at 46.99 million USD versus 42.3 million USD, renewed demand is evident. If buying momentum continues, ENA may reach resistance at 0.68 USD, while support stands at 0.55 USD should interest wane.