Post
yeon
ENA +8% to $0.208, but I'm not chasing this breakout yet.
USDe just went native on X Layer and OKX Wallet via Aave v3.
ENA is up ~13% from the $0.185 low and pressing $0.21.
The catch: the buyback is still off.
USDe sits near $4.8B vs the $7.5B trigger.
275M ENA unlock on Nov 1, and a big whale dumped 14M ENA last week.
I think the catalyst is real, but supply is heavy.
Holding $0.21 opens room; losing $0.20 kills the move.
Breakout or bull trap before the unlock?
$ENA $ETH
#Ethena
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