$ENA USDT
The Bottom Angle
• ENA searching for support. After a steady decline from the $0.12 highs, Ethena (ENA) is currently hovering around $0.0930, down about 3.93%. All eyes are on the $0.0918 level—if this support holds, we could see a relief bounce toward the EMA 7 ($0.095).
The Technical Analysis Angle:
• ENA/USDT 4H Update: The trend remains bearish as price stays suppressed under the EMA(7), EMA(25), and EMA(99). Resistance is currently heavy at $0.099. We need to see a "higher low" form on the 4H chart to confirm that the selling pressure is exhausting.
• Watching the Volume: There was a significant green volume bar recently, suggesting buyers are stepping in near $0.09, but the immediate follow-through has been weak. Keep an eye on the EMA 25 ($0.099) as the first major hurdle for a recovery.