Liquidation Alert! $ENA Long Position Liquidated
A massive $149K long position on #ENA was wiped out at $0.691, reflecting intense selling pressure. Such a big liquidation hints at a significant shift in market dynamics, sparking concerns among traders.
What’s Next for $ENA ?
Bearish Case:
If ENA struggles to stay above the $0.68-$0.69 zone, it could drop to test support around $0.65. Bearish sentiment might dominate in the short term.
Bullish Reversal:
A strong recovery above $0.70 could signal fresh buying, targeting resistance near $0.72-$0.75.
Advice:
Monitor the $0.69 level closely—whether it holds or breaks will shape ENA's next move.
Stay cautious and trade wisely!
#GDPSteadyPCE2.1Down #MarketBuyOrHold? #BSCOnTheRise #BitwiseFiles10ETFs #BitwiseFiles10ETFs