Ethena (ENAUSD) Price Forecast: May 13
ENAUSD price is currently rising. The coin price will most likely surge higher to face the previous resistance level at $0.990, as the bulls are steady and running a positive race. After making a comeback, the coin will probably carry on with its bullish correction, and its price may rise to reach the indicated resistance level. Thus, if the bulls can break up the $0.990 supply point, then we can expect a good upside momentum up to the $1.00 upper resistance value.
Key Levels:
Resistance Levels: $0.800 $0.900, $1.00
Support Levels: $0.500, $0.300, $0.200
ENA (USD) Long-term Trend: Bearish (1H Chart)
ENAUSD price retracement may surge higher to reach the previous high point as soon as it begins its rising pattern below the supply level on the higher time frames. 
This may continue as we can see the coin prices touching the EMA-50 indicating a bearish trend. However, the recent market structure is about to favor the bulls.
The coin price drop to a $0.845 support value by the short traders in the previous action has made the price stay below the resistance level in recent times.
At the time of writing this article, the bulls made an increase to the $0.871 supply value slightly below the supply trend levels shortly after the 1-hourly chart opens today.
This indicates that the buy investors are dealing in the coin investment and the price retracement may surge higher to break the previous high at $0.990 if the bulls could add additional strength to their buying momentum.
In addition, the Athena price might surge higher to retest its previous high soon as shown by the daily signal. If the price of ENAUSD can break above the $0.990 supply value, then we can expect a price to surge higher to the $1.00 upper resistance level in the coming days, as it continues to surge higher in its long-term outlook.
ENA (USD) Short-term Trend: Bullish (15-Minutes Chart)
The momentum on the short-term outlook may surge higher to hit the previous resistance at $0.990 soon as the price of Ethena is starting to turn bullish as can be seen from the chart now. The price of ENAUSD can now be seen progressing upward above the moving averages. 
This shows that buyers are currently gaining more strength in the market. So it seems likely that the price will surge higher as the bulls are ready to take over the market.
The bullish pressure on the crypto in the past few minutes has sustained the coin price above the supply trend lines in its recent high.
The bulls made an aggressive move up to the $0.867 resistance level above the EMA-50 shortly after the 15-minute chart opened today. This however makes it possible for the coin to surge higher.
Trading above the moving averages will enable the market value of ENAUSD to keep pushing up. With the daily stochastic indicating an upward trend, if the bulls should add more aggression to their activities in the market, reach 1.00 upper resistance level in the days to come in its short-term perspective.
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