ENA token dropped 3.9% in 24 hours with a 41% decline in daily trading volume. Major purchases by BitMEX co-founder Arthur Hayes (22.64 million tokens, $2 million) and a wallet linked to Amber Group (38.89 million tokens, $3.58 million) failed to push the price above the $0.10 psychological resistance level. Exchange netflows remained weak, indicating insufficient demand to sustain a rally. The flat OBV confirmed balanced buying and selling pressure, underscoring weak demand for the altcoin. Support levels to watch are at $0.086 and $0.076, with a cluster of long liquidations at $0.07.
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