Ethena Price Prediction: $ENA Breaks Out of 4-Week Correction to Target $1.2

Ethena Price Prediction: The Bitcoin price upswing above $65000 on Monday accelerated bullish momentum in most of the major altcoins, including Ethena. With an intraday gain of 9.2%, the ENA price gave a decisive breakout from the wedge pattern, a move often considered an end-of-correction trend. This recovery in tandem with notable accumulation from smart money highlights a higher potential for ENA price to drive sustainable recovery.