$ENA Long Liquidation Alert: $14.122K at $1.16508
A massive $ENA long liquidation just triggered, wiping out $14.122K at the $1.16508 level. This sharp move sets the stage for a potential market correction—prepare for volatility.
Entry Point:
Watch for an entry around $1.16508. If $ENA holds steady or shows signs of a quick reversal, it could present a profitable entry as the market absorbs the liquidation.
Target:
Set your target in the $1.20–$1.22 range. If ENA continues to climb, adjust your target accordingly, keeping an eye on the next resistance levels.
Stop Loss:
Place a stop loss around $1.14 to manage risk. A break below this could signal further downside and a deeper pullback in $ENA’s price action.
With $ENA’s volatility spiking, stay ready to act fast as the market reacts to this liquidation event.