Ethena (ENA) Rebounds 8.8% as Analysts Watch $0.25 Target

ENA rebounded 8.8% after Arthur Hayes sold 14 million tokens worth about $2.7 million, but the token remains below its 200-day moving average. CryptoBullet expects a prolonged correction and identifies 0.122–0.172 as a potential buying zone before another sustained breakout. Crypto Patel targets $0.25 initially, with longer-term levels up to $3; a break above $0.223 could strengthen the recovery outlook. Ethena’s ENA token has rebounded 8.8% after Arthur Hayes sold 14 million tokens worth approximately $2.7 million. Analysts CryptoBullet and Crypto Patel have outlined different paths for the token, with both tracking potential gains.

Source: Crypto Front News