Deezy takes a deep look at Ethena, the altcoin with Blackrock’s and Binance’s blessing! Where is this one heading and why is Deezy so bullish?
1 extracted signal · 1 resolved · 0 still active
Discover Crypto23 Sept 2025, 03:44 UTC
AI-generated source summary
The video analyzes the ENAUSD cryptocurrency pair. It notes that Binance and BlackRock back Ethena Labs and that Coinbase also partners with Ethena Labs. CZ's Family Office is increasing its stake in Ethena Labs. The analysis mentions that StablecoinX has announced an additional $530 million capital raise. Buy pressure increases to $10 million a day when ENA trades under $0.70. The 4H RSI is at an oversold level, a state reached only three times in its history, with each instance followed by a V-shape recovery. A long position has been opened at $0.5857, trading around $0.60. A target of $0.80 can be inferred from the V-shape recovery.
AI-generated summary based on the source content.
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