Markets· ★★· bearish·

ENA drops 7.61% to $0.1966, trades below short-term moving averages

  • —ENA trades at $0.1966, down 7.61% on the day
  • —Price sits below SMA-7, SMA-30 and SMA-50, but above SMA-90 and SMA-200
  • —Volume of $447.77M is 19.91% below the 30-day average
  • —RSI at 43.9 and stochastic at 2.4% signal weakness without a confirmed reversal
Why it matters: ENA's slide mirrors broad risk-off after the hot CPI print and leveraged unwind; the SMA-50 at $0.1937 is the nearest support.
Source: DiarioBitcoin