Ethena (ENA) Tests Critical $0.212 Support as Market Eyes Potential Range Rebound

TLDR: ENA is retesting the $0.212 weekly support, a level that has historically absorbed heavy selling pressure. Holding above $0.212 keeps ENA within its long-term range, with $0.505 acting as the mid-range pivot. Daily price action shows compression near $0.21, suggesting seller exhaustion rather than renewed downside momentum. A weekly close below $0.212 would invalidate [...]

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