$ENA Liquidation Shock: Longs Liquidated in Big Drop!
Liquidated Long: $104K at $1.047
Market Breakdown:
Massive Liquidation: A $104K long position liquidated, triggering a sharp drop in $ENA .
Current Sentiment: Bears are gaining control as the liquidation fuels downward pressure, creating a bearish market environment.
Hints for Next Moves:
1. Resistance Zone: Watch for resistance around $1.05—a level where any rebound could face strong selling pressure.
2. Support Level: Key support at $1.00, where buyers may attempt to step in and halt further declines.
3. Breakdown Alert: A sustained move below $1.00 could trigger further downside, potentially targeting $0.95 and lower.
Quick Strategy:
Bulls: Wait for a strong bounce at $1.00 before considering long positions.
Bears: Look for further weakness below $1.00 to target $0.95, with volatility high.
#ENA is under pressure—volatile price action ahead, stay alert!
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