ENA Rally Takes a Breather: Is Ethena Preparing for Its Next Move?

ENA retreated from $0.29, testing key support near $0.20-$0.21. Technical indicators show cooling momentum after a strong multi-month rally. USDe growth and ecosystem expansion continue strengthening Ethena's fundamentals. Cryptocurrency traders have watched Ethena’s ENA deliver an impressive run since August. After climbing from around $0.08 to nearly $0.29, the token has finally slowed down. Recent price action shows buyers taking a…