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, […]
Tag: ENA
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 […]
By Afe Funbi Key highlights: Ethena has just emerged out of a bear flag, but whether it has legs to stand on or if further downside can be expected is now in question. The recent bounce has been a weak one, which shows a measure of restraint on the part of traders who are holding […]