Ethena has launched a new white-label stablecoin JupUSD on the Solana network, issued by the decentralized exchange Jupiter. Meanwhile, the price of ENA shows an upward momentum, regaining the support level of $0.238, and the MACD indicator also indicates a potential bullish crossover. Analysts point out that the $0.23-$0.25 range is a key support level; if this area can be maintained, the upward trend will continue, with the target resistance around $0.266-$0.280. However, if it falls below $0.234, it may indicate that the price will retreat to around $0.220.

ENA-5.35%
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