🚀 $ENA Poised for Big Moves – Key Insights for Traders! 🚀
🔥 Market Developments You Can’t Ignore:
✅ Massive Token Unlock: On March 5, 2025, Ethena unlocked $728 million worth of tokens, injecting 2.07 billion ENA into circulation.
✅ Whales in Action: Post-unlock, seven wallets deposited 34.11 million ENA (~$13.32 million) into Binance, signaling strong market activity.
✅ Defying the Market: While the broader crypto market struggled, ENA surged 20%, showing resilience and strong demand.
📊 Technical Analysis – Time to Watch Closely!
🔹 Key Support Level: ENA is retesting $0.2049, a historically strong demand zone—this could be a prime entry point!
🔹 Indicators Flashing Red: As of March 14, 2025, 15 sell signals, 8 neutral, and 2 buy signals—potential for a reversal?
🚨 Smart Traders Are Watching This Setup Closely – Are You? 🚨