Markets· ★★· bearish·

ENA drops 11.94% as volume runs 71.69% above average

  • —ENA fell 11.94% to $0.181, down 26.55% over 30 days
  • —Daily volume of $805.7 million was 71.69% above the 30-day average
  • —Price is below SMA-5 through SMA-50 and VWAP, above SMA-90 and SMA-200
  • —A 275.015 million ENA unlock on Nov. 1 is unconfirmed as the trigger
Why it matters: Heavy volume on the decline points to seller pressure, and a confirmed token unlock could add further ENA supply.
#ENA
Source: DiarioBitcoin
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