LIVE$ENA Price Analysis:
Current price: 0.902
High: 0.972
The price has already decreased by:
(0.972 - 0.902) / 0.972 = 7.1% from the recent high.
**Before unlocking supply:**
- If the price continues to decline, it might reach the next support level, which could be around 0.85-0.86 (a further 5.5% drop from the current price).
- Conversely, if the price rebounds, it might retest the recent high or even surpass it.
**After unlocking supply:**
- If the market absorbs the newly unlocked tokens without significant selling pressure, the price may consolidate or even rise.
- On the other hand, if the newly unlocked tokens are sold heavily, the price could fall, potentially reaching the next support level around 0.78-0.80 (a further 13.5% drop from the current price).
This analysis is based solely on current price action and does not account for other market factors, news, or events that might impact the price. Always conduct your own research and consider your risk tolerance before making trading decisions.
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