- Ethena (ENA) decreased by 8.13% to $ 0.2929 and fell by 41.31% in the volume of transaction.
- TVL is kept for $ 5.25 billion, while the market value fell to $ 1.62 billion
Ethena (ENA) was traded at $ 0.2929, sign Daily decrease by 8.13%. The market value decreased by 8.24%and 1.62 billion dollars. ENA, which has a 24 -hour transaction volume of 100.6 million dollars, fell by 41.31%sharply.
Despite the collapse, the market value rate was kept at 6.06%, although weaker, although weaker has the transaction interest, even though weaker. The fully diluted valuation of the coin reached 4.39 billion dollars, while its circulating supply remained from a total of 15 billion 5.55 billion ENA. Ethena’s TVL kept its market value in a modest 0.3117, strongly 5.25 billion dollars.
Will Ena be back?
Currently, ENA is traded under heavy pressure. The last four -hour graph shows the acceleration of the decrease momentum. The price is broken under The $ 0.30 level now moves immediately as resistance.
If ENA does not take it back, the next support is at the risk of falling close to $ 0.285. A casting below $ 0.285 can open the door for more loss to $ 0.270. On the contrary, if the recipients recover control and exceed $ 0.30, the next resistance is around $ 0.325, a previous pivot zone.
RSI stops at 33.46 and signals over -selling conditions. However, the average of 14 periods remains 41.05 higher, which indicates that the decrease power is not completely exhausted. Unless RSI exceeds 40, the pressure may continue.
Simultaneously, CMF -0.06 shows reading. This confirms that capital continues to leave the market by supporting a wider fell incident. Moving averages strengthen its attention. There is no visible rise in the short term. 9 -term EMA, last week under the EMA for 21 periods and the fall of the decline maintained.
Ethena is forced to face technical. The loss of key support zones is compatible with the emotion in the worsening chain. However, it suggests that if the RSI circulating near excessive capital and a slightly below zero, a pause or leap may occur if the volume returns.
Nevertheless, the lack of ascension continues to be careful as the basic case. ENA prefers Momentum vendors unless $ 0.30 stable and disrupts $ 0.325. Market participants should monitor volume entry and RSI movements.
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