$ENA Ethena ($ENA) is showing strong bullish momentum today, trading around $0.62, up over 12% in the last 24 hours. The coin recently broke out of a long-term descending triangle pattern, signaling a potential trend reversal. Analysts highlight a classic accumulation phase followed by a breakout, with volume surging to levels not seen since its launch. Short-term targets are set around $0.64 to $0.77, with long-term projections reaching $1.73+ if momentum sustains. However, some caution that current levels may be risky for new entries, suggesting ideal buy zones lie below market price. ENA remains a hot altcoin to watch.