📉 ENA Coin EMA Analysis — Short-Term Bearish, Long-Term Support Holds

Ethena (ENA) is trading below its EMA 20 ($0.6108) and EMA 50 ($0.6289), signaling short-term bearish momentum, but remains above the EMA 200 ($0.5220), which provides solid long-term support. The RSI at 38.3 suggests the coin is slightly oversold, hinting at a potential bounce if buying pressure returns. Meanwhile, the CCI at -90.8 indicates neutral market conditions. Traders should watch for ENA reclaiming the EMA 50 as a bullish signal. Short-term dips may offer entry opportunities, but maintaining levels above the EMA 200 is key to sustaining long-term trend strength.

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