Ethena’s Future: Will ENA drop below 0.60 USD or rise above it?

ENA’s current valuation is influenced by decreasing trading volume and selling pressure. Although on-chain metrics show strength, uncertainty looms over price movement.

With 1.6% decline over the past 24 hours, ENA is witnessing mixed reactions from traders, involving both bullish and bearish sentiments, while institutional interest in the asset appears strong.

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