🔓 $ENA shrugs off a 171.9M token unlock: +6.6% to $0.2523
1️⃣ Unlock = ~1.9% of supply, to team and investors
2️⃣ 4H highs keep stepping down: 0.2946, 0.2811, 0.2627
3️⃣ Price is back over the 4H 20/50 EMAs · RSI 56
📌 Lid: 0.2627 then 0.2811 · Floor: Oct 2 low 0.2279
🎯 My take: a 4H close over 0.2627 breaks the lower-high chain; under 0.2279 the pullback deepens
💬 Will unlock sellers show up later, or is it priced in? 👇
#Ethena #TokenUnlock #TechnicalAnalysis