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Ethena (ENA) consolidates as traders monitor key resistance and support levels

Ethena (ENA) has experienced significant price fluctuations, rising by 63% within the last 30 days while dropping 11% recently. Current indicators reveal a consolidation phase, indicating a lack of strong momentum that urges traders to be cautious.

Traders must keep an eye on resistance at 1.07 USD and support at 0.94 USD. A breakout above 1.07 USD could spark upward Movement, whereas a drop below 0.94 USD might signal a selling trend.

This is community-generated content, not advice from ONUS.
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