Explosive $ENA Liquidation Alert!
A huge $64.4K short position has just been wiped out in the $ENA market at the critical price of $1.152!
This dramatic event shows strong bullish energy, leaving shorts scrambling and the market buzzing with action. Let’s break it down:
Bulls Take Command
This liquidation highlights a powerful surge in buying pressure, forcing bearish traders out and driving $ENA higher.
The momentum is undeniable, and this price level could be a game-changer.
Key Details You Need to Know
1. $1.152 – The Hot Zone: This price is now a crucial level. It may act as a support line for more bullish moves or face tests from bear resistance.
2. Market Volatility: Expect more sharp price swings as the market adjusts to this large-scale liquidation.
3. Bullish Confidence: Such a big short squeeze indicates strong optimism for ENA in the near term.
What’s Next for ENA?
Bullish Scenario: If buyers maintain control, ENA could target $1.20 or higher, sparking further excitement.
Bearish Pushback: A brief pullback could happen, but this liquidation proves bulls are holding their ground.
Trading Tip: In a volatile market like this, manage your risk carefully.
Use stop-loss orders, watch key levels, and avoid over-leveraging during high-pressure moments.
ENA is on fire will the rally continue, or are the bears preparing for a comeback?
Keep watching the charts. The next moves will be crucial!
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