Liquidation Alert: $ENS Bulls Take Charge!
A massive $107K short liquidation just erupted on ENS (Ethereum Name Service) at $41.40, sending shockwaves across the market!
The bears betting against ENS got wrecked as bullish momentum surged through resistance levels.
The Short Squeeze Strikes Again:
As ENS broke higher, short traders were caught in a relentless squeeze.
With liquidity thinning and market buyers piling in, shorts were forced to cover their positions, triggering this significant liquidation.
Key Numbers:
Liquidated Position: $107,000
Liquidation Price: $41.40
Token: #ENS
Why This Matters:
This event highlights $ENS ’s rising demand and market strength, as bulls push the price toward new highs.
Traders betting against this momentum underestimated the power of the rally, paying the price in liquidations.
What’s Next for ENS?
The next few hours are critical.
Will $ENS build on this momentum and aim for the next key level at $42+, or will the market see a cooldown, giving bears a chance to regroup?
Volatility is in full swing, so expect dynamic moves ahead!
Key Takeaway:
ENS is showing strength in a highly competitive market.
Whether you’re a trader or an observer, this is a perfect example of how quickly trends shift in crypto.
Stay focused and adapt to the action!
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