⚠️ ENA Faces Fresh Selling Pressure — A Warning Sign?
Ethena saw a sharp market move on November 4.
🔹 ENA dropped 4.58% in one hour on Binance Spot.
🔹 Around $160K in long liquidations occurred across three exchanges.
🔹 ENA traded near $0.1688 during the reported move.
🔹 No new major protocol announcement was confirmed today.
The latest move highlights short-term volatility, not necessarily a change in Ethena’s fundamentals.
Can ENA regain market momentum? 👀
$ENA
.
.
.
#Ethena #crypto
Not financial advice. DYOR.
Ethena saw a sharp market move on November 4.
🔹 ENA dropped 4.58% in one hour on Binance Spot.
🔹 Around $160K in long liquidations occurred across three exchanges.
🔹 ENA traded near $0.1688 during the reported move.
🔹 No new major protocol announcement was confirmed today.
The latest move highlights short-term volatility, not necessarily a change in Ethena’s fundamentals.
Can ENA regain market momentum? 👀
$ENA
.
.
.
#Ethena #crypto
Not financial advice. DYOR.
