$ENA
💥 ETHENA ($ENA) TESTS CRITICAL $0.185 SUPPORT: Will Buyback Engine Save the Floor?
Ethena ($ENA) is trading near $0.198, consolidating right below the $0.200 resistance after a recent DeFi-wide pullback.
Trend: Neutral Consolidation / Short-Term Bearish Caution
Key Support: $0.185
Key Resistance: $0.205
Why It Moves: Recent DeFi-wide liquidations pushed ENA below $0.200, but strong South Korean trading demand and an approved tokenomics overhaul—directing 95% of revenue to buybacks once USDe expands—are anchoring buyers near $0.185.
Will $ENA reclaim $0.205 resistance or retest $0.185 support? Share your thoughts! 👇
#ethena #ENA #defi #CryptoAnalysis #BinanceSquare #TechnicalAnalysis #US De
Not financial advice.
💥 ETHENA ($ENA) TESTS CRITICAL $0.185 SUPPORT: Will Buyback Engine Save the Floor?
Ethena ($ENA) is trading near $0.198, consolidating right below the $0.200 resistance after a recent DeFi-wide pullback.
Trend: Neutral Consolidation / Short-Term Bearish Caution
Key Support: $0.185
Key Resistance: $0.205
Why It Moves: Recent DeFi-wide liquidations pushed ENA below $0.200, but strong South Korean trading demand and an approved tokenomics overhaul—directing 95% of revenue to buybacks once USDe expands—are anchoring buyers near $0.185.
Will $ENA reclaim $0.205 resistance or retest $0.185 support? Share your thoughts! 👇
#ethena #ENA #defi #CryptoAnalysis #BinanceSquare #TechnicalAnalysis #US De
Not financial advice.