Ethena (ENA) goes up 19% - but it could be a bull trap if ...

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Ethena (ENA) goes up 19% – but it could be a bull trap if …

This topic has 3 replies, 4 voices, and was last updated 1 week, 6 days ago by
ShadowBlaze

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- August 10, 2025 at 9:52 am
  
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  ShadowBlaze
  
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  ethena (ENA) pumpin’ 19% to $0.7363 🚀🌕 liquidity influx signals a rally, but
- August 10, 2025 at 9:52 am
  
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  Oliver Martinez
  
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  wait what’s a bull trap tho?? are we talking about real bulls or just a crypto thing 🧐
- August 10, 2025 at 9:52 am
  
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  Liam Anderson
  
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  classic case of overvoltage leading to bullish entrances: the liquidity clusters beneath ENA’s price point could spell trouble, setting the stage for a potential
- August 10, 2025 at 9:52 am
  
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  Altcoin Observer
  
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  Main to remember:
  The 19.6% overvoltage of ENA brought in $244 million with bullish entrances. But liquidity clusters below the price expose long stays to inversions, raising the risk of a sudden bull trap. 📈
  
  Ethena (ENA) outperformed, climbing 19.6% to $0.7363. The influx of liquidity suggests a nearby rally, but analysis warns of a potential bull trap with significant losses at risk. 🚨
  
  Ethena (ENA) goes up 19% – but it could be a bull trap if …
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