Arthur Hayes: Dumping ENA Token

Lookonchain flagged that Arthur Hayes is dumping ENA again, with the token sliding from $10 in 2024 to $1.5 in 2025 and $1 by August 22 2026.

On the 4h chart ENA trades at $0.19 inside the Bollinger Bands, capped by upper resistance at $0.22 while the death cross on MACD and price below both the EMA50 and EMA200 at $0.2 confirm the bearish structure; RSI at 41.33 leaves room for further downside toward the lower band at $0.18 before any relief.