$ENJ Liquidated Short: $75.8K at $0.228
A $75.8K short position in $ENJ was liquidated at $0.228 after the market took an unexpected turn.
What was positioned as a bearish trade turned sharply bullish, leading to a swift liquidation.
Entry Point: The short position was entered at $0.228, betting on a price drop based on bearish indicators.
Target: Traders were targeting a move down to $0.215, expecting the price to retest lower support levels.
Stop Loss: The stop loss was set at $0.235, but the rapid reversal triggered liquidation before the price could settle.
Crypto markets can flip quickly—ensure you're ready to adjust and manage risk as prices move!