$ENA Liquidation Alert:
Long positions worth $101K were liquidated at $1.080. Here's the breakdown:
Key Highlights:
Massive Sell-off: $ENA reached $1.080, leading to the liquidation of $101K worth of long positions.
Bearish Pressure: This sharp drop indicates market uncertainty and the potential for more downward movement.
Volatility Spike: The sudden liquidation suggests heightened risk for traders, with support levels now in focus.
Next Move:
Short-Term Strategy: Watch for $1.05 as the next key support level. A break below this could trigger further declines.
Risk Management: Implement tight stop-loss orders and look for signs of reversal if price stabilizes around $1.08.
Stay alert for market shifts!
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