$ENA Liquidation Alert: Major Position Wiped Out!
A major ENA long worth $138K has been liquidated at $0.971, sending shockwaves across the market.
This could be a key turning point for $ENA as volatility spikes.
Key Details:
Liquidation Price: $0.971
Value Liquidated: $138,000
Market Signal: Bears have taken control, forcing over-leveraged positions to collapse.
What's Next?
1. Critical Support Level: Watch the $0.95 zone closely.
A breakdown could trigger further declines toward $0.90.
2. Short-Side Opportunity: If $0.97 fails to hold as resistance, a short entry targeting $0.90 could be viable.
3. Bullish Rebound: A breakout above $1.00 with strong buying volume might signal a recovery and bring the bulls back in.
4. Volume Surge: Monitor trading volume—heavy volume could mean the market is preparing for the next big move.
This liquidation has created a high-stakes environment for $ENA traders.
Buckle up and stay ready to seize opportunities!