$ENA Short Liquidation Alert.
Massive Short Liquidation: A staggering $25.204K worth of shorts were liquidated at $1.0618.
The market just experienced a major shift as shorts were forced to close their positions after prices surged to $1.06465. Liquidations like these shake the market and show the immense power of the bulls when they take control.
What this means:
$25.204K in shorts being liquidated suggests a sudden surge in buying pressure that could fuel further upward momentum.
Traders who were betting against $ENA are now forced to cover their positions, adding more fuel to the price movement.
The $1.06465 level now becomes critical as a potential support level for further gains or a possible pullback.
Keep an Eye Out: The market is heating up, and with such a massive liquidation, $ENA could see volatile price action in the coming hours. Will the bulls maintain control, or will the bears retaliate? Stay tuned.
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