ENA -154.17% in 24 Hours Amid Volatile Correction

On SEP 6 2025, ENA experienced a significant intraday price drop of 154.17% to $0.0008614 within 24 hours. Over the last seven days, the token rebounded with a 1613.34% increase, reflecting a sharp recovery from the recent correction. Over a one-month horizon, ENA recorded a 1375.39% rise, but over the past year, it remains down 3444.47%. These figures highlight the extreme volatility that continues to characterize ENA’s price movements.

The recent 24-hour decline came amid heightened trading activity and a broader selloff in the digital asset market. ENA had previously seen elevated levels of speculative inflows, which may have contributed to the overbought conditions preceding the correction. Analysts project that the drop could represent a market reset rather than a bearish trend, particularly given the sustained rally over the past month. The sharp reversal suggests traders are recalibrating positions following a period of rapid price ascent.

From a technical perspective, ENA has tested several key support levels in the last 72 hours. The breakdown below the $0.0008614 threshold triggered stop-loss orders and intensified bearish momentum. Moving averages show a narrowing gap between short-term and long-term indicators, a common setup before a potential consolidation phase. Traders are now watching for a potential bounce from the recent low or a further descent toward the next major support zone.