<ul data-eligibleForWebStory="true"><li>ENA is showing signs of a bullish trend reversal as it tests the upper resistance of a descending channel.</li><li>A confirmed breakout could potentially drive ENA's price towards key targets at $0.45, $0.63, and $0.95.</li><li>Improving market sentiment due to Bitcoin's recovery is boosting altcoins like ENA.</li><li>Currently trading at $0.3568, ENA has a 24-hour trading volume of $364M and a market cap of $2.17B.</li><li>With an 8.96% price increase in the last 24 hours, ENA is gaining momentum for a possible rally.</li><li>Analyst Jonathan Carter notes early signs of a bullish breakout in ENA's chart.</li><li>ENA is at the upper resistance line of a descending channel, suggesting a shift towards a bullish trend.</li><li>Breakouts from such channels often lead to significant price rises, especially with volume confirmation.</li><li>Potential upside targets for ENA include $0.45, $0.63, and $0.95, with the latter seen as a psychological and structural resistance.</li><li>Traders are advised to await solid technical signals for confirmation before going long on ENA.</li></ul>

Ethena Price Prediction: ENA Eyes Bullish Breakout Toward $0.95

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