ENA Token Eyes 30% Gain as Traders Watch $0.45 Breakout

ENA, a digital token, is currently trading above the $0.34 mark, with traders closely monitoring its movement towards the $0.45 resistance level. This level is seen as a critical breakout point, as a successful breach could propel the token towards higher targets, including $0.68, $1.25, and potentially even $5. The token has been building support above $0.27 since early Q2 2025, with price action remaining consistently between $0.27 and $0.34, indicating an accumulation zone favored by buyers.

The chart shows ENA forming higher lows since late Q1 2025, supporting accumulation within a wedge. A breakout from this consolidation typically sparks a significant upside rally. The green upward trendline reflects this pattern, with the token showing a bullish structure and multiple upside targets. If the $0.45 level breaks, the next resistance zones lie between $0.68 and $5, with Target 1 located at $0.4416, Target 2 near $0.6828, and Target 3 at $1.2492. These levels are drawn from previous zones of high activity and volume spikes.

Traders are watching whether ENA can clear $0.45 and begin a new trend. The chart indicates that above $0.45, ENA could rapidly approach $1.00. If momentum holds, $2.60 and $5 become potential upside levels in Q3 2025. The projected upside includes $1.25, $2.60, and $5.0035 as Targets 3 through 5. These values are not guaranteed, but are plotted based on Fibonacci extensions and historical resistance points. Momentum from retail and institutional players may drive sharp upward moves.

Current price action remains compressed, hinting at an imminent breakout or rejection. The risk-to-reward ratio favors bullish traders at these levels. The structure forms a rising wedge, often associated with breakout setups. A break of $0.45 would shift momentum toward bullish continuation, with the historical structure reflecting strong rejection at the current level. Breakout traders will be watching the $0.45 mark closely. If price pushes past it with volume, the likelihood of momentum continuation grows. Most upside targets are psychological levels and previous weekly closes.