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ENA / TetherUS
Long

ENA | Facing some Resistance

201
Ethena's decentralized stablecoin protocol is currently testing overhead resistance. Once this level breaks, further upside momentum appears likely. Technical analysis shows the Daily MA-50 approaching a bullish cross above the MA-200, suggesting additional strength ahead.
Note
Today in the News:
Ethena and Securitize have submitted a bid for Ethena’s upcoming stablecoin USDtb in Spark’s $1 billion tokenization competition. BlackRock’s BUIDL fund will initially provide more than 90% of the stablecoin’s backing.
taika808
Elevate your trading journey with TokenPro – your compass to navigate the crypto market.
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Moving AveragesSupport and Resistance

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Moving AveragesSupport and Resistance
taika808
Elevate your trading journey with TokenPro – your compass to navigate the crypto market.
tokenpro.ai/tv
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.