ENA Faces $0.45 Test Before Climbing to $1.25 and $5 Targets

News, Trending
  • ENA price is building above support and traders are watching for a breakout above the $0.45 zone.
  •  If the $0.45 level breaks price could aim for the $0.68 $1.25 and $2.60 levels in coming weeks.
  • The chart shows a strong wedge setup where $5 becomes possible if the pattern confirms soon.

ENA price is holding above $0.34 and showing a bullish structure with multiple upside targets, according to a chart published June 12. The token continues to build support above $0.27, and analysts now view $0.45 as the breakout point. If this level breaks, the next resistance zones lie between $0.68 and $5.

ENA
Source: X

Key Resistance Near $0.45 Could Unlock Higher Levels

The chart shows ENA trading just below the $0.45 resistance. Price has tested this zone multiple times without a clear breakout. Once broken, price could accelerate toward key technical targets, including $0.68, $1.25, and $2.60.

Current trading data places ENA at $0.3467, while volume stands near 14.45 million. A break of $0.45 would shift momentum toward bullish continuation. The historical structure reflects strong rejection at the current level.

The green upward trendline shows ENA forming higher lows since late Q1 2025. This pattern supports accumulation within a wedge. A breakout from this consolidation typically sparks a significant upside rally.

Target 1 is located at $0.4416 and may serve as the first checkpoint. Beyond that, targets expand in size—Target 2 sits near $0.6828 and Target 3 at $1.2492. These levels are drawn from previous zones of high activity and volume spikes.

Accumulation Zone Forming Between $0.27 and $0.34

The chart indicates ENA has been building structure above a long-standing support near $0.27. Since early Q2 2025, price has remained consistently between $0.27 and $0.34. This suggests an accumulation zone favored by buyers.

Current sentiment favors a bullish breakout, with $0.34 acting as a springboard. As the chart shows, resistance has compressed price action into a narrow range. This coiling behavior often signals a strong move ahead.

Breakout traders will be watching the $0.45 mark closely. If price pushes past it with volume, the likelihood of momentum continuation grows. Most upside targets are psychological levels and previous weekly closes.

The projected upside includes $1.25, $2.60, and $5.0035 as Targets 3 through 5. These values are not guaranteed, but are plotted based on Fibonacci extensions and historical resistance points. Momentum from retail and institutional players may drive sharp upward moves.

Could a Break of $0.45 Trigger ENA’s Rally Toward $5?

Traders are watching whether ENA can clear $0.45 and begin a new trend. The chart indicates that above $0.45, ENA could rapidly approach $1.00. If momentum holds, $2.60 and $5 become potential upside levels in Q3 2025.

Current price action remains compressed, hinting at an imminent breakout or rejection. The risk-to-reward ratio favors bullish traders at these levels. The structure forms a rising wedge, often associated with breakout setups.

The post ENA Faces $0.45 Test Before Climbing to $1.25 and $5 Targets appeared first on Cryptonewsland.

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