The Key to Ethena: The Release of 171 Million Tokens Unleashes Selling Pressure
Let's see, my crypto people, get comfortable because this is of interest to you! 🚀 If $ENA (Ethena) is on your radar, you need to look at this chart and understand what happened yesterday, November 5th. It's not just a simple "drop"; it's a well-planned move that could change the game.
The Chart Says "Hold" (And the Logic Says "Be Careful") ⚠️
Look at the image we have here. The trading analysis from ali_charts shows us that ENA is moving in a range where the zone of $0.2250 - $0.2500 is a critical support (like the floor of your house; if it breaks that, the drop is ugly 📉). The resistance, that ceiling that is hard to break, is clear at $0.5100 and the recent all-time high at $1.25.