$ENS is imploding. Down nearly 7%, piercing $8.13.
The charts show a cliff dive from $9.25. The 99-period EMA at $8.65 now a distant memory, a solid wall of resistance overhead.
Support? The next major floor is somewhere below $7.90. The mark price at $8.134 is the last thin line.
This is a name-clearing sell-off. Not a correction. The volume tells the real story.
If $BNB #8.00 fails, expect a cascade.