Ethena price needs an hourly close above $0.1395 to confirm rebound

As of November 12, 2026, ENA trades at $0.1393 on Binance , and the Ethena price setup favors a bearish daily bias despite an emerging short-term rebound. Price remains below every major daily moving average, while hourly momentum is oversold. Key takeaways ENA trades at $0.1393 on Binance, below all major daily moving averages, with the daily structure favoring bears. An hourly close above $0.1395 is required for a bullish scenario; a close below $0.1385 would extend the decline toward $0.1364. Hourly RSI is oversold at 22.8 , but the daily RSI at 34.2 remains above the oversold threshold, limiting the rebound’s conviction. The Fear & Greed Index stands at 28 (Fear), with total crypto market cap down 5.66% to $2.42 trillion.

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