$ENA Short Liquidation Alert: $1.029K at $1.0708. ENA is showing significant price movement, with short positions being liquidated. The current support zone is around $1.0500 to $1.0600, where buyers may look to defend the price. On the upside, resistance levels are at $1.0800 and $1.1000, where selling pressure could increase. Range traders might consider entering long near support with a stop-loss just below $1.0500, targeting $1.0800. For breakout traders, a breakout above $1.0800 with increased volume could suggest a move toward $1.1000. Watch closely, as the volatility could lead to quick price shifts.
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