Markets· ★★· bearish·

Ethena drops 12% after 118% rally, eyes $0.19 liquidity sweep

  • —ENA fell 12.6% in 24 hours after a 118% two-week rally
  • —Trading volume rose 37% while open interest dropped 16%
  • —Local support just under $0.20 held; the $0.19 zone remains a magnet
  • —A sustained break below $0.17 raises risks, especially if BTC drops under $80,000
Why it matters: ENA's pullback after a sharp rally will show whether buyers defend $0.20 support or the market sweeps liquidity at $0.19.
#ENA#BTC
Source: AMBCrypto
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