Recently, 1.718 billion tokens have been unlocked from $ENA , accounting for 2.6% of the total supply, releasing over 100 million USD in circulating chips, intensifying market selling pressure. The current trading price is approximately $0.58, down 2.9% for the day and 5.6% for the week.

🔍 At the same time, Chaos Labs warns of a $4.7 billion risk exposure on #AAVE, with liquidity risks raising market caution.

Despite the ongoing technical support and strong ecological cooperation, the large-scale unlocking combined with Aave's risks may still put pressure on short-term prices.

📊 ENA Technical Analysis

The current price momentum of ENA has cooled down, but the overall structure remains robust:

RSI Index: 53, indicating neutral market sentiment;

Bollinger Bands are contracting, showing decreased volatility, with prices pulling back from a recent high of $0.67;

Key support: the $0.56–$0.58 range, and if it falls below, it may retrace to $0.52.