Ethena (ENA) fell 3.9% in the last 24 hours with a 41% drop in trading volume, reflecting subdued market activity likely due to the weekend. Despite significant purchases by notable investors, overall demand remains weak as more ENA tokens flow onto exchanges than off. The price failed to break above the key $0.10 resistance level, suggesting a potential bearish move ahead with further declines expected toward $0.086 and $0.076. Traders are advised to stay bearish as liquidity sweeps near $0.10 could trigger more selling pressure.
Ethena (ENA) has been trading in a narrow range between $0.090 and $0.093, with weak overall market demand despite a significant purchase of 38.89 million ENA tokens by a wallet linked to Amber Group. This large buy suggested potential accumulation, ...
Ethena's ENA token has risen to around $0.093, up 3.7% daily and 10% weekly, supported by increased staking activity from large investors. A Coinbase-funded wallet staked 40 million ENA tokens worth $3.71 million, contributing to staked ENA reaching ...
