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- Ena tested key support at $ 0.4847, with potential levels of resistance to $ 0.5126 and $ 0.5657.
- The recess of new addresses suggested an increase in investor trust, supporting Enaa’s potential aversion.
Ethena (Ena) He recently showed signs of a potential turnaround because the TD sequential indicator flashed with multiple purchasing signals on a four -hour chart, signaling a possible swing change.
At the time of the press, the woman traded at $ 0.4882, reflecting a decrease of 10.81% in the last 24 hours.
The price has experienced a significant decline, but the technical analysis shows that the potential aversion could be on cards.
Action Price and Key Resistance level: Can Etthena break through?
The pricing action was under pressure, and recently pierced several levels of support. Currently, Token tests a critical level of support close to $ 0.4847, which is important prices.
If this level is held, the woman could reverse the level of drop resistance and target keys to $ 0.5126 and $ 0.5657.
However, if Ena fails to retain this support, she could continue consolidation or experience a further side.
Source: TraringView
ADDRESS ADDRESS: What triggers demand?
Ena saw an increase in the number of addresses held by Token. Over the past week, new addresses held by women have increased by 238.94%, showing a growing interest in token.
The active addresses also increased by 97.84%, indicating that investors keep their positions and not often trade. This increase in addresses could provide long-term support to ENA with lower prices levels.
This suggests that investors’ trust is increasing despite the current fall.
Source: Intotheblock
Transaction Statists: Insights to Market Activity
Looking at the statistics of the transaction, a shift in the amount of transaction in different prices ranges is noticeable.
Most transactions occur between $ 0.00 and $ 1K, signaling that smaller investors actively participate.
Interestingly, the amount of transactions for larger amounts have been significantly reduced, which may indicate a lack of larger interest in investors at the current price.
This could mean that Ena’s price is supported by retail traders, but for now, institutional involvement is limited.
Source: Intotheblock
How are Ena investors set up?
In/out of cash ticket reveals that most addresses are currently in profitable positions, and 69.66% of the owners were sitting in money.
However, 10.18% of investors are still out of money, indicating a significant amount of resistance ahead. Therefore, if the price of coins approaches the range of 0.5126 to $ 0.5657, it may face the pressure of sales because these investors seem to even break.
Source: Intotheblock
Will a woman recover or continue to fall?
The woman has the potential to recover if she can have support at current levels and break through the key resistance.
A positive increase in new addresses, together with the recent shopping signals from the TD sequential indicator, suggests possible progress.
Read the prediction of the price of Ethen (ENA) 2025-26
Therefore, the woman could see the turn of $ 0.5126 and wider if the swing is picked up. However, traders should remain careful, as failure to maintain support can lead to further deficiency.
