$ENA Long Liquidation Alert: $3.4911K at $1.04525
Market Jolt: A hefty $3.4911K long position on ENA has been liquidated at $1.04525, reflecting heightened bearish momentum and market volatility.
What This Implies:
Bearish Signal: This liquidation suggests intensified selling pressure, likely dragging $ENA further downward in the short term.
Volatility Surge: The event could trigger additional liquidations or create opportunities for sharp market moves.
Key Levels to Watch:
Support: $1.00 is a critical psychological level that must hold to prevent deeper corrections.
Resistance: Recovery attempts may face hurdles at $1.08, a key zone for bulls to regain control.
Caution is warranted in such volatile conditions. Adjust your trading strategy to manage risk effectively and stay ahead of the market's unpredictable twists.