Markets· ★★· bearish·

Ethena (ENA) drops 8.5% to $0.245 after 218% rally over 90 days

  • —ENA trades at $0.245, down 8.5% in 24 hours
  • —Gains over 90 days reached 218%, over 14 days 73.94%
  • —Volume of $448.38M is 21% below the 30-day average
  • —RSI at 66.4, MACD still bullish, support at $0.240
Why it matters: The pullback is occurring on declining volume, pointing to profit-taking rather than a trend reversal.
#ENA
Source: DiarioBitcoin
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