🚀 $ENA hints at a reversal attempt as compression nears resolution.


Price is coiling inside a tightening wedge, and if buyers sustain momentum above the local trendline, an expansion toward the upper boundary could follow.


📉 Technical View:

• Pattern: Contracting wedge with emerging upside pressure

• Bias: Bullish, breakout could extend if structure resolves upward

• Key Level: Monitor resistance near $0.13 and support around $0.11


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⚠ If price slips back under the rising base near $0.11, the developing bullish setup could quickly fade.


#ENA #Ethena #ENA price analysis#

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February 12, 2026 at 5:29 PM
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