Long Position Liquidated: $1.937K at $1.03747 for $ENA
A $1.937K long position on ENA was liquidated at $1.03747, signaling a bearish turn as sellers took control of the market.
Market Analysis:
Bearish Pressure: This liquidation reflects a failure to hold support, with sellers overpowering buyers.
Key Levels to Watch: Further downward momentum could test the $1.00 psychological support level.
Next Steps:
Short-Term Recovery?: Keep an eye on potential buying interest near the $1.00 mark.
Volume Indicators: Increased selling volume could signal continued downside pressure.