Short Squeeze Alert on $ENA !
A $65.7K short position was liquidated at $0.754, as #ENA surged higher, indicating strong bullish momentum in the market.
•√• What’s Next for $ENA ?
• Resistance Level: $0.765 – A key zone to watch; breaking this could lead to further upside.
• Support Zone: $0.740 – If the price retraces, this level could offer a solid entry for longs.
•√• Strategy Recommendation:
• For Longs: Consider entries near support at $0.740-$0.750 or wait for a breakout above $0.765.
• For Shorts: Caution is advised—shorting in a strong uptrend is risky without clear signs of exhaustion.
Be ready to capitalize on potential moves, but always manage risk!