Ethena (ENA) Loses Key Support Level, What’s Next?

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Ethena (ENA) Loses Key Support Level, What’s Next?
Ethena token

ENA
$0.79

24h volatility:
4.9%

Market cap:
$2.40 B

Vol. 24h:
$432.03 M

, a cryptocurrency that once saw explosive growth in late-2024, is now facing a major downtrend. Following a sharp decline that saw it lose the critical support level of $0.86, the token is currently trading at $0.81, showing no gains or losses in the past 24 hours.
The token briefly recovered to $0.83 on January 14, rebounding from a low of $0.7255 earlier in the week. However, over the last seven days, ENA has shed 17% of its value.
In the monthly chart, ENA remains down by 35%. Analysts attribute this slump to a broader market downturn and significant whale sell-offs.

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We współpracy z: https://www.coinspeaker.com/ethena-ena-loses-key-support-level-whats-next/

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