🚨 $ENA Short Liquidation Alert! 🚨

Shorts worth $21.537K got liquidated at $1.28593. The bears are shaken, and the bulls might be gearing up for action!

🔍 What Happened?

This liquidation signals that sellers have been squeezed out, potentially clearing the path for an upward move. When shorts are forced to close, it often triggers buying pressure, creating momentum for the next leg up.

📈 What’s Next?

After a short squeeze, the price may either:

1. Surge: Rally as buyers take control.

2. Retest: Pull back slightly to test support levels before continuing higher.

🛒 Buy Zone

Consider entering around $1.26-$1.28 if the price consolidates or dips. This range could act as strong support now that shorts have been liquidated.

🎯 Target Levels

1. Short-Term Target: $1.33 (nearest resistance).

2. Mid-Term Target: $1.40 (major breakout level).

3. Bullish Target: $1.50+ if momentum builds strongly.

🛑 Stop Loss

Place your stop loss below $1.24 to limit risk if the market turns against you.

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🚀 Pro Tip:

Keep an eye on volume and momentum indicators. Strong buy volume or a breakout above resistance can confirm the trend. Stick to your plan and avoid chasing pumps.

What’s your strategy for $ENA? Let’s discuss in the comments!

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