<ul><li>Ethena (ENA) is currently trading around the $0.38 level with a market cap of $2.21 billion.</li><li>The market witnessed $1.63 million in ENA liquidations with a modest loss of 1.51% in overall market cap.</li><li>The monthly price chart shows Ethena has gained over 37.60%, reaching a high of $0.45 from an initial trading price of $0.27.</li><li>Ethena's next move may see a downside correction towards the support range at $0.3825, while a bullish reversal could target the $0.40 mark.</li></ul>

Will Bulls Push Ethena (ENA) Past $0.40 or Lose Momentum at Resistance?

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