$ENA Long Liquidated!
A $1.89K long position on $ENA was liquidated at $0.9534, signaling a shift towards bearish sentiment. The liquidation shows that buyers failed to maintain momentum, allowing sellers to take control and push prices lower.
Key Insights:
Bearish Momentum: The liquidation suggests a loss of bullish strength, increasing the likelihood of further downside.
Support Levels at Risk: If selling pressure continues, $ENA could test lower support zones.
ENA Technical Breakdown:
Resistance Level: $1.00
Support Zone: $0.930
Momentum: Bearish, with risks of further declines
Can ena find support and recover, or is the bearish trend set to continue? Watch for shifts in volume and price action at key levels!