Ethena: 69% of Investors Are Making a Profit. Will They Sell Their Shares

• ENA tested the crucial support at $0.4847, facing potential resistance levels at $0.5126 and $0.5657.
• An increase in new addresses indicated rising investor confidence, bolstering ENA’s potential recovery.

Ethena [ENA] has recently exhibited signs of a possible trend reversal, as the TD Sequential indicator presented several buy signals on the 4-hour chart, hinting at a shift in momentum.

At press time, ENA was priced at $0.4882, down 10.81% over the last 24 hours.

The price has encountered a considerable decline; however, technical analysis points toward a feasible recovery.

Bullish Price Movement and Significant Resistance Levels: Can Ethena Overcome?

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Source: IntoTheBlock.
Before Finalizing Any Market Engagement Give Careful Consideration To Observations Above Ensuring All Prospects Are Accounted.

Hope to See Further Developments Soon!

Advice: Stay Updated!

Will prices maintain position between former stipulated ranges while attempting reversals gauged effectively?
If clarity is determined during times ahead vigilance on established resilient signals will be imperative!

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