short Liquidation Alert for $ENS
A notable short liquidation of $7,658.8 occurred at the critical price of $35.957, spotlighting significant activity in the $ENS market.
Key Insights:
1. Short Squeeze Potential: Liquidation of this magnitude suggests that bearish positions are losing strength. Could $ENS be gearing up for an upward rally?
2. Critical Price Level: $35.957 is now a pivotal level. Watch for it to act as a potential support or resistance point.
3. Volume Surge: Such liquidations often accompany a spike in trading volume, signaling heightened interest from both buyers and sellers.
What to Do Next?
Upside Potential: If momentum continues, ENS might challenge the next resistance zone.
Risk Alert: Tight stop-losses are advised as markets could remain volatile.
Stay alert and ready to seize any breakout opportunities! Want detailed price targets and market scenarios for $ENS? Let me know!