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ENSO Price Plummets by 502.51% Within 24 Hours as Prolonged Downtrend Continues

ENSO Price Plummets by 502.51% Within 24 Hours as Prolonged Downtrend Continues

Bitget-RWA2025/10/22 17:02
By:Bitget-RWA

- ENSO plunged 502.51% in 24 hours, with 2129.1% 7-day and 5190.84% monthly declines, reflecting extreme volatility. - Prolonged selloff highlights market uncertainty, lack of stabilizing news, and fragile price structure without support levels. - Technical indicators confirm deep sell-off across all timeframes, with analysts warning of further pressure without a catalyst. - Asset remains in technical bear phase driven by profit-taking and algorithmic pressure, with over 90% YTD value loss.

On October 22, 2025,

experienced a dramatic 502.51% drop in just 24 hours, falling to $1.513 in a highly volatile move. Over the past week, the asset plunged by 2129.1%, and over the last month, it declined by 5190.84%. This same steep loss was observed over the course of a year, emphasizing a persistent and significant downward trend across all timeframes.

ENSO’s pronounced volatility points to ongoing uncertainty in the market, potentially intensified by wider economic or industry-specific factors. With no immediate positive developments or stabilizing news, the asset remains vulnerable to extended selling pressure, and there are currently no indications of a quick turnaround in sentiment or fundamentals.

Technical analysis shows that ENSO has undergone substantial selling across every timeframe measured. Experts anticipate continued downward momentum in the short term unless a clear catalyst emerges to change the current direction. The sharp 24-hour decline seems to be part of a broader pattern, as the asset has lost more than 90% of its value since the start of the year.

The drop in ENSO mirrors wider concerns about risk tolerance and speculative activity in the market. In the absence of recent news or policy changes to guide expectations, the asset appears to be entrenched in a technical bear market, influenced by profit-taking, forced liquidations, or algorithm-driven trading. The ongoing weakness highlights the instability of its price and the lack of strong support levels.

ENSO’s rapid declines have sparked renewed scrutiny of its core fundamentals and market stance. However, with no new data or earnings reports, attention remains fixed on short-term sentiment and momentum. The market seems to have already priced in a range of negative scenarios, leaving little opportunity for unexpected positive movement or recovery.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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