By Afe Funbi Key highlights: The ENA price has broken out of a 4-hour falling wedge, with volume picking up sharply after a brutal 60% slide. The key area to watch is $0.105–$0.10 for support, with $0.12 acting as the first real resistance test. On-chain data is starting to stabilize, but the bigger daily trend […]
Tag: ENA
By Afe Funbi Key highlights: The ENA price is squeezing into a key support area, and the chart is starting to feel tense. On-chain activity is holding steady, but fresh capital hasn’t really stepped in yet. The next move could be decisive, especially in a market where altcoins are already under pressure. Ethena isn’t collapsing, […]
By Afe Funbi Key highlights: ENA has retreated significantly and is now trading near its long-term channel support. Selling pressure seems to be subsiding as price finds support near a major demand zone. The next move hinges on whether ENA can hold this area and bounce, or if it needs more time to flush before […]