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Ethena crypto stalls at $0.09 as $0.10 resistance decides the next move

The Cryptonomist·August 7, 2026·1 min read
Ethena crypto stalls at $0.09 as $0.10 resistance decides the next move

As of August 7, 2026, Ethena crypto (ENA) is stalled at $0.09 against USDT, stuck to its 20- and 50-day moving averages. The 200-day exponential average looms at $0.13, creating a compression pattern. The article states nothing is breaking, and that compression is the story, with ENAUSDT pinned around 0.09.

Read at The Cryptonomist
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