đ $ENA Poised for Big Moves â Key Insights for Traders! đ
đ„ Market Developments You Canât Ignore:
â Massive Token Unlock: On March 5, 2025, Ethena unlocked $728 million worth of tokens, injecting 2.07 billion ENA into circulation.
â Whales in Action: Post-unlock, seven wallets deposited 34.11 million ENA (~$13.32 million) into Binance, signaling strong market activity.
â Defying the Market: While the broader crypto market struggled, ENA surged 20%, showing resilience and strong demand.
đ Technical Analysis â Time to Watch Closely!
đč Key Support Level: ENA is retesting $0.2049, a historically strong demand zoneâthis could be a prime entry point!
đč Indicators Flashing Red: As of March 14, 2025, 15 sell signals, 8 neutral, and 2 buy signalsâpotential for a reversal?
đš Smart Traders Are Watching This Setup Closely â Are You? đš