🚨 $ENA Short Liquidation Alert: $38.654K at $0.96697! What’s Next?
The market is heating up as $ENA saw a massive short liquidation at $0.96697. This indicates a potential shift in momentum, making now a crucial time for traders. Here’s a detailed breakdown for your next moves:
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Key Levels for $ENA Trading:
1. Buy Zone:
$0.920 - $0.950
Look for entries in this range if the price shows signs of support.
2. Target Levels:
First Target: $1.000
Second Target: $1.050
Extended Target: $1.100 (if momentum builds strongly)
3. Stop Loss:
Place a strict stop loss at $0.890 to protect against downside risks.
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What Could Happen Next?
1. Bullish Scenario:
If ENA holds above $0.96697 and breaks through $1.000, we could see strong upward momentum, with the next resistance at $1.050 and possibly $1.100.
2. Bearish Scenario:
If ENA drops below $0.950 and fails to hold $0.920, the price may slide toward $0.880 or lower.
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Market Insights:
Volume: Watch for increased trading volume to confirm any breakout.
Market Sentiment: A strong rebound above $0.96697 could trigger FOMO buying, pushing the price higher.
BTC Correlation: Keep an eye on BTC’s price movement, as it could influence $ENA’s trend.
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for Success:
Stick to the buy zone and avoid chasing the price above $1.000 unless momentum is clear.
Be patient! Let the price come to your levels.
Always stick to your stop loss to minimize risk.
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⚡ Stay sharp, trade smart, and ride the wave! ENA could deliver big moves ahead! Let me know if you need more updates or insights.
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