Ethena price forecast: $ENA is about to break through new high to $0.30? IMP market broke out!

Ethena just gave sellers one less reason to sell, and the chart already shows it.$ ENA broke through a downtrend that had lasted for months, and the team accelerated its token unlocking program to reduce future selling pressure, which one trader said was the last chance to seize the next big wave of market activity before rushing to new highs. This Ethena price forecast will analyze whether there is room for upside for this breakthrough. Market data was verified at 11:47 Indian Standard Time on September 2, 2026.

Ethena Today's Price Forecast: Market Overview

Indicators| Value

Price| $0.15777

24-hour change| +3%

Market Value| $1.56 billion

Current market value| $1.57 billion

Fully diluted valuation| $2.38 billion

24-hour trading volume| $830.1 million

Volume/Market Cap (24 hours)| 53.05%

Liquidity/Market Value| 0.11%

Total locked value| $4.65 billion

Market Value/Total Lock Value| 0.3373

Total Supply| 15 billion ENA

maximum supply| 15 billion ENA

circulation supply| 9.82 billion ENA

holders| 98,810

Source: CoinMarketCap data as of September 2, 2026 at 11:47 Indian Standard Time. Data from other tracking sites may differ slightly.

$ENA Cryptocurrency Today's News

According to a post on the X platform, Ethena has ended its monthly investor unlock program 17 months early. All remaining investor tokens will be unlocked in one time on October 5, 2026, involving 1.41 billion ENAs worth approximately US$212 million, accounting for 14.3% of the circulating supply. The post also mentioned that the foundation bought back early investors who had been selling off, and that the team and the foundation's ownership shares will continue after October, with approximately 134 million ENAs per month until March 2028. CoinGabbar was unable to independently verify the data shared in the post.

ENA Price Forecast Chart: Technical Analysis

Trading Pair: ENA/USD·Market: Spot (Cryptocurrency, Aggregate)·Time Frame: 1 Day·Source: TradingView·Timestamp: September 2, 2026, 11:47 UTC +5: 30

Ethena is currently trading at $0.15777, having previously broken through the downtrend line that has been suppressing prices since the beginning of 2026.$ ENA spent several months building a bottom in the range of around $0.08 to $0.10, before a strong positive breakthrough appeared in late August, pushing prices above that trend line and the $0.1454 level. ENA is currently consolidating between $0.1454 and $0.17154, an area marking a pause after the initial pull-up.$ 0.17154 It is the near-term resistance level that needs to be cleared before the next round of gains.

The RSI indicator read 65.70, and its signal mean was 74.14. Both are in bullish territory, but have moved away from the extreme highs seen at the time of the initial breakout surge, indicating that the market is cooling rather than reversing.

The EMA moving averages are well below current prices, with the EMA 20 at $0.13735 and the EMA 50 at $0.11476. If the consolidation deepens, these two moving averages will provide support.

Ethena 2027 Price Forecast: Key Levels

Levels| Price

Resistance level 4| $0.25864

Resistance Level 3| $0.22003

Resistance Level 2| $0.19019

Resistance Level 1 (Recent)|$0.17154

Current price reference| $0.15777

First support level| $0.14540

Second support level| $0.13275

Ethena forecast: bullish scenario vs bearish scenario

bullish scenario: Stay above the first confirmed support level of $0.1454, and the breakthrough structure remains intact. If the daily closing confirmation stands at $0.17154, a path will be opened to $0.19019 and $0.22003, and if the broader ENA 2026 price forecast is realized,$0.25864 will be expected.

Bear scenario: A break below $0.1454 would call a breakthrough into question, and the next downside target is EMA 20 ($0.13735) and second support level of $0.13275. Losing the EMA 50 ($0.11476) will undermine the structure of the recovery.

Ethena Long-term Price Forecast: Double-Bottom Breakthrough

A post posted by a trader pointed out that a double-bottom pattern had been formed on the ENA chart and that prices had exceeded the key level of the pattern. The post suggests that it may step back to around $0.13, the medium-term goal is looking towards $0.30, and the long-term goal points to a new ENA historical high. If momentum accumulates,$1.50 is mentioned as the goal for the global time frame. CoinGabbar cannot independently verify these goals and only represent the trader's personal views rather than confirmation data.

$ENA Price Scenario: Trigger Conditions and Expiration Conditions

Scenario| trigger condition| possible outcomes| Failure conditions

Breakthrough continuation| Daily closing station at $0.17154| Move towards $0.19019 and extend the target to $0.22003| Blocked and fell back below $0.17154

Range held steady| Prices remain between $0.1454 and $0.17154| Horizontal organization before directional selection| Break through the range boundary

Step back on the support level| Withdraw back to $0.13735 (EMA 20) or $0.13275| Support rebounded and structure remained bullish| The daily closed below $0.11476 (EMA 50)

Can Ethena ($ENA) reach $0.25864?

$0.25864 is the highest resistance level marked on the $ENA chart. To reach this level,$ENA needs to first break through $0.17154, and then overcome $0.19019 and $0.22003 in turn. This is a multi-stage process, rather than a one-leg pull-up.

Ethena Price Forecast: Expert Opinion

According to CoinGabbar analysts, ENA breaks through the multi-month downtrend line and accelerates the unlocking schedule, indicating that the upper selling pressure is lighter than in early 2026.$ 0.1454 It is the key level to keep the breakthrough structure intact, and $0.17154 is the position that needs to be broken in the next round of gains.

Ethena price forecast: Data sources

Prices and technical levels are referenced from the 1-day $ENA/USD chart on TradingView, with a timestamp of September 2, 2026 at 11:47 UTC+5:30. Market value, current market value, fully diluted valuation, total locked value, trading volume and supply data are referenced from CoinGecko. Social media content is referenced from public posts on platform X.