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$ENA $ENA \ is once again exhibiting a familiar setup that has previously led to explosive moves. After climbing nearly 120% from its \$0.27 bottom, the token is now revisiting the critical \$1.3 resistance level—an area where it was previously rejected. The price action shows resilience, with strong support holding firm above \$0.50, indicating that bulls are still in control. The structure suggests that if \$ENA manages to break and hold above \$1.3, a swift rally toward \$1.5 could unfold, fueled by renewed momentum and investor confidence. However, the recent daily decline of 7.24% can't be ignored. It's crucial to determine whether this is a healthy correction after a strong rally or a red flag indicating underlying concerns. Price movement alone doesn’t tell the full story. Anyone considering a position should take a deeper look into Ethena’s long-term business model, ecosystem growth, and tokenomics. Sustainability is key. A strong technical pattern is powerful, but it must be supported by sound fundamentals. Timing an entry based on both technical confirmation and business insight could offer the best chance of riding the next wave.
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$W Jumps 3.75% as #Ripple Seeks U.S. Banking License Ripple's push for a national banking license fuels bullish momentum, with #XRP hitting $2.27 and volume up 35% to $3.99B. 📈 Falling wedge breakout hints at a 78% rally (target: $3.96) 💰 Futures interest up 8%, traders going long 🪙 RLUSD #stablecoin + #ETF buzz = big upside ahead Key Levels: Support: $2.17 | Targets: $3 → $3.96 #Altcoin Season#
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#CFTCCryptoSprint The U.S. Commodity Futures Trading Commission (CFTC) has launched a "Crypto Sprint" to rapidly implement the Trump administration's cryptocurrency recommendations. The initiative seeks to address long-standing issues around crypto classification, market structure, and investor protection while maintaining the U.S.’s competitive edge in the global digital economy. In collaboration with the SEC, this aims to provide regulatory clarity and foster innovation in the digital asset space through "Project Crypto." 💬With DeFi and crypto derivatives now under the microscope, do you believe regulators can keep up with the pace of decentralized innovation or will regulation only end up stifling it? 👉 Complete daily tasks on Task Center to earn Binance Points: • Create a post using #CFTCCryptoSprint , • Share your Trader’s Profile, • Or share a trade using the widget to earn 5 points! (Tap the “+” on the Binance App homepage and select Task Center) Activity Period: 2025-08-05 06:00 (UTC) to 2025-08-06 06:00 (UTC)
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#BTCReserveStrategy Coinbase CEO Brian Armstrong has called for governments worldwide to establish strategic Bitcoin reserves, arguing that cryptocurrencies represent "the next chapter of capitalism." This comes as several nations consider adding Bitcoin to their national reserves as a hedge against inflation and currency devaluation. 💬What percentage of foreign reserves do you think should be allocated to BTC, and what government safeguards would you want in place to manage the volatility? 👉 Complete daily tasks on Task Center to earn Binance Points: • Create a post using #BTCReserveStrategy , • Share your Trader’s Profile, • Or share a trade using the widget to earn 5 points! (Tap the “+” on the Binance App homepage and select Task Center) Activity Period: 2025-08-04 06:00 (UTC) to 2025-08-05 06:00 (UTC)
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