🚨 $ENA Short Liquidation Alert! 🚨
EnergySwap ($ENA) just witnessed $7.29K in short liquidations at $1.02747, signaling strong bullish momentum! This liquidation suggests buyers are stepping in aggressively, and a potential rally could be on the way. Are you ready to ride the wave?
---
📊 Key Levels to Watch for $ENA
Buy Zone: $0.98 - $1.02 (Solid support zone for potential entry)
Stop Loss: $0.95 (Below key support to manage risk)
Targets:
Target 1: $1.08 (Immediate resistance level)
Target 2: $1.15 (Key breakout zone for a stronger rally)
Target 3: $1.25 (High-confidence bullish target)
---
📌 What Could Happen Next?
1. Scenario 1: If $ENA stays above $1.02, bulls may push the price higher, targeting $1.08 and potentially $1.15.
2. Scenario 2: If $ENA drops below $0.95, it might retest lower levels near $0.90, offering new buying opportunities.
---
⚡ Pro Tips for Trading $ENA:
Momentum Play: Look for increasing volume above $1.08 for a potential breakout.
Risk Management: Use a tight stop-loss to protect your capital in case of reversals.
Confirmation: Wait for a retest of $1.02 or a clear break above $1.08 before entering large positions.
💬 Your Strategy? Will ENA continue its bullish streak or face resistance? Share your take below!
#GrayscaleHorizenTrust #MarketRebound #BinanceLaunchpoolBIO #BTCNextMove #USUALAnalysis