$ENA Long Liquidation Alert: $1,662 Liquidated at $1.0884!

The $ENA market just faced a sharp jolt as a long position worth $1,662 was forcefully liquidated at the key price of $1.0884.

Traders, beware: the price floor is trembling, and volatility is brewing!

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Key Details:

1. Liquidation Amount: $1,662

2. Liquidation Price: $1.0884

3. Market Behavior: A critical support level seems to have been breached, suggesting either intensified selling pressure or a market correction.

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Suggested Next Move:

1. Monitor Closely: Keep an eye on the $1.08 zone. If $ENA fails to reclaim this level, the next support might be much lower.

2. Limit High-Risk Trades: Cut down leverage or consider trailing stop losses to mitigate further risk.

3. Look for Rebound Signals: Watch for a volume surge or bullish momentum before entering new positions.

4. Diversify or Hedge: If confidence is low, move a portion of holdings into safer assets until market conditions stabilize.

The battle between bulls and bears is heating up—trade smart and stay ahead!

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【2024-10-30 Wealth Code: ENA】
This has a large-scale buying point. If it starts at the daily level, it may take about 7-15 days. You can arrange some positions with low leverage contracts.

Current screenshot price: 0.3831
Target position ①: 0.4441
Target position ②: 0.4299
Target position ③: 0.3964

You can arrange some contract positions at the screenshot price: 0.3831. If you want to reach the target position at this daily level, it will take a few days. If it is slow, it may take 1-2 weeks. Therefore, it is not recommended to consider a large level if you are impatient.

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$ENA Short Liquidation Alert

The bears just got obliterated!

A massive $4.9336K short position was wiped out at $1.15297 as ENA skyrocketed, leaving traders stunned.

$ENA is flexing its power, proving it’s no coin to underestimate. The bulls are in full control, and the heat is rising fast!

What’s next? Will $ENA continue this fiery ascent, or is a twist in the tale on the horizon?

One thing’s for sure—this ride is far from over!

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The $ENA /USDT trading pair is experiencing a moderate bullish trend, with a 0.76% increase in the last 24 hours. The current price is $0.9305, with a 24-hour high of $0.9890 and a 24-hour low of $0.8523.

Technical indicators show a neutral to bullish signal, with the 7-day EMA at $0.9415, the 25-day EMA at $0.9236, and the 99-day EMA at $0.8637.

Key levels to watch include resistance at $0.9991 and support at $0.7885.

The trading volume is moderate, with a 24-hour volume of 208.70M. The market capitalization is $26.1M.

Overall, the #ENA/USDT trading pair is showing a moderate bullish trend, with a potential upside target of $0.9991.🥳

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As of December 8, 2024, Ethena (ENA) is trading at approximately $1.03 USD, with a 24-hour trading volume of around $448.9 million USD. The token has experienced a slight decline of 0.35% in the past 24 hours.

In recent developments, Ethena's synthetic dollar, USDe, has become the third-largest stablecoin, driven by high-yield demand. Additionally, Ethena has partnered with Derive to enhance its DeFi trading offerings.

These strategic moves indicate Ethena's commitment to expanding its ecosystem and adapting to the evolving decentralized finance landscape.
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