🚨 $ENA at $0.1170 | Quiet Strength or One Last Test?
🎯Ethena (ENA) is currently hovering around $0.1170, trying to hold a critical support zone. Despite recent downside pressure, on-chain signals and market structure suggest ENA is still very much in the game.
🔍 What Stands Out?
• Strong trading volume despite low price levels
• Long-term holders are waiting, not panic selling
• Growing attention toward DeFi-focused protocols
📊 Technical Outlook:
The $0.11 – $0.12 range acts as a key support area. If this zone holds, a short-term relief bounce could follow. A clean break below, however, may open the door for new lows.
🧠 Market Question:
Is ENA preparing for a recovery move, or do we need more patience?
👇 Share your view in the comments
👍 Bounce incoming
👀 More downside first
#ENA #Ethena #CryptoMarket #BinanceSquare #WriteToEarn
