🚨 Ethena’s ENA Faces Correction as Ether.fi Launches New Stablecoin
Ethena ($ENA) is seeing a pullback as traders digest Ether.fi’s launch of a new stablecoin built on Ethena’s infrastructure.
📌 ENA around $0.24
📌 Support: $0.20
📌 Resistance: $0.29–$0.30
📌 Rising open interest keeps traders watching closely
The bigger story? More protocols are tapping Ethena’s stablecoin infrastructure — potentially strengthening its role in the DeFi ecosystem.
Will ENA reclaim $0.30?
#ENA #Ethena #DeFi #Crypto #Stablecoins
Ethena ($ENA) is seeing a pullback as traders digest Ether.fi’s launch of a new stablecoin built on Ethena’s infrastructure.
📌 ENA around $0.24
📌 Support: $0.20
📌 Resistance: $0.29–$0.30
📌 Rising open interest keeps traders watching closely
The bigger story? More protocols are tapping Ethena’s stablecoin infrastructure — potentially strengthening its role in the DeFi ecosystem.
Will ENA reclaim $0.30?
#ENA #Ethena #DeFi #Crypto #Stablecoins
