Ethena Buying Power Is Growing

While many cryptocurrencies have faced headwinds since the beginning of the year, this apparent weakness has made room for something far more important: fundamental opportunity.

Despite recent price declines, the core pillars of the crypto space — decentralization, blockchain innovation, and long-term vision — remain intact. These elements continue to provide a bullish foundation beneath the surface.

Naturally, we must also turn to the charts. Current market conditions indicate that most assets are undergoing healthy corrections, and Ethena (ENA) is no exception.

What’s notable, however, is that a return to this year’s high would represent a nearly 400% gain — and that’s without relying on speculative or unrealistic price projections.

Daily time frame analysis

For long-term investors, current price levels may present a strategic opportunity to start building a position. Meanwhile, short-term traders, particularly those using leverage, may prefer to remain cautious and wait for clear confirmation before entering.

On the daily timeframe, we’re seeing the formation of a key resistance zone, marked in orange on the attached chart. If the price closes impulsively above this zone, a bullish setup may form.

When combined with the existing liquidity sweep, this would serve as a strong technical signal that market sentiment is shifting toward a bullish continuation.

Ethena price target

ENAUSD - 1 Day Time Frame

As always, risk management is essential. A Stop Loss can be placed just below the low of the relevant candle (as shown on the chart), helping to protect against unexpected reversals while maintaining a defined risk-to-reward strategy.

When it comes to profit targets, a practical approach is to aim for the Buy-Side Liquidity levels — areas where large order clusters are likely to be activated. These levels act not only as price magnets but also as ideal points for partial profit-taking.

The remaining portion of the position can be held for higher targets, potentially even up to the yearly high, depending on how the price action develops.

Opportunities like this rarely last. Markets shift daily, and timing is key. For investors and traders seeking high-upside setups backed by strong fundamentals, Ethena could be one of the most compelling options currently on the market.