$ENA Long Liquidation Alert

Liquidation Amount: $1,917.5

Price Level: $0.9488

This liquidation shows selling pressure, possibly leading to further price drops. Here's what you need to know and consider:

Key Details:

1. Market Pressure:

Liquidations often cause short-term price declines as traders close positions.

2. Support Zone:

Check if $0.9488 holds as a support level. If it breaks, expect more downside.

3. Resistance Zone:

Any upward move may face resistance near recent highs.

Suggested Next Moves:

Short-Term Traders:

If price breaks below $0.9488, it may signal more downside; consider shorting.

Wait for a clear recovery before buying.

Long-Term Investors:

Monitor overall trend and volume.

Only buy if price stabilizes and fundamentals remain strong.

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$ENA

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