🚨 $ENS Liquidation Alert: $7.4685K Long Position Liquidated at $37.892 🚨

The recent liquidation in Ethereum Name Service (ENS) highlights a sharp movement in the price. Traders and investors are closely watching this moment as it can signal further volatility ahead. Here's everything you need to know:

📉 Current Market Outlook:

Current Price: Around $37.8 (check for live updates).

Sentiment: Bearish pressure caused the liquidation, but some rebound is possible.

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🎯 Key Levels to Watch:

1. Buy Zone (Entry):

Look for accumulation near $35.5–$36.5, where strong support might exist.

2. Targets:

Target 1: $39.5 (short-term bounce level).

Target 2: $42.0 (if momentum continues).

3. Stop Loss:

Place a tight stop-loss at $34.8 to minimize downside risks.

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🔍 What’s Next?

If ENS breaks below $35.5, expect a deeper correction toward $33–$34.

If ENS bounces above $38, it could trigger a rally toward $42+.

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for Trading ENS:

1. Stay updated with ETH price trends, as ENS often mirrors Ethereum's movements.

2. Watch for volume spikes to confirm breakout or breakdown trends.

3. Use smaller positions in this volatile phase to protect your capital.

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📢 Stay Safe, Stay Informed

Trade with caution and always use risk management strategies. Let the price action guide you before making any big moves.

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