Ethena Gains 8.66% as Chart Marks Support Near $0.169
Photo: TokenPost
Ethena (ENA) rose 8.66% over 24 hours, putting it among the strongest altcoins in the top 40 by market capitalization as Bitcoin and the broader altcoin sector posted smaller gains. Bitcoin (BTC) gained 0.16% over the same period, while the sector rose 0.40%. On the four-hour chart, ENA had declined from a local high of $0.294, with a descending trendline marking resistance. The token was testing a demand zone between $0.171 and $0.187 that dates to late August. A Fibonacci retracement level at $0.169 marked nearby support.
Source: TokenPost
