ENA Uptrend Halted: Traders Advised to Wait for Pullback
Ethena ($ENA) has seen a significant rally in recent days, with its price increasing by 71.14% to reach $0.231 on September 20th.
This uptrend was halted at the $0.22-$0.26 area, which had been a supply zone during January's rally and trapped late buyers before the altcoin went into a nosedive.
$ENA might need time to consolidate lower before the bulls are ready to make the next impulse move higher, with traders advising patience and waiting for a pullback.