$ENA Long Liquidation Alert: $68K Lost at $0.988!
The $ENA market just delivered a shockwave as a $68,000 long position was liquidated at $0.988.
The drop marks a crucial moment for traders, signaling a possible trend shift in this volatile market.
What Happened?
1. Support Failed: The price of $0.988 couldn’t hold, triggering a cascade of liquidations and sending long traders scrambling.
2. Bearish Momentum Building: This liquidation reflects growing selling pressure as $ENA struggles to regain stability.
3. Market Panic: A $68K wipeout shows just how risky leveraged positions can be in unpredictable market conditions.
What’s Next for Traders?
For Bulls: The market is fragile use extreme caution. Only enter new positions near confirmed support levels.
For Bears: This is your time to shine. Watch for further breakdowns and target key psychological levels like $0.95 or lower.
For All Traders: Be ready for rapid moves in both directions.
Volatility creates opportunity but also increases risk.
This liquidation is a wake-up call for anyone trading ENA.
With pressure mounting, the next few moves could define the trend for the coming days.
Watch the charts closely this is a market worth following!
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