ENA Stalled at $0.90: What's Holding it Back?
Ethena's token, [$ENA], seems to be struggling to climb above $0.90. While the exact reasons are uncertain, there could be a couple of factors involved.
One possibility is profit-taking. Early investors might be selling their ENA around the $0.90 mark, creating pressure that pushes the price down.
Another factor could be a lack of recent buzz around Ethena. The crypto market thrives on excitement, and without major news or partnerships, investor interest might be fading.
This doesn't necessarily mean bad news for ENA. The project itself could still be strong. But for the price to break past the $0.90 resistance, we might need to see some positive developments, like a new product launch or a high-profile collaboration
