🚨 $ENA Liquidation Alert! 🚨

💥 A huge $11.33K short liquidation just happened at $1.05583, triggering a shift in market sentiment! The bears are on the run, and the bulls might take over if key levels hold. Here’s your complete trading strategy to catch the next move:

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🔎 What’s Happening?

Short liquidations create upward pressure when traders betting on price drops are forced to buy back. This often leads to sharp rallies, making it a perfect time for traders to jump on potential breakout opportunities.

📉 Key Market Levels:

Resistance: $1.10 - $1.12 (Immediate resistance zone)

Support: $1.03 - $1.05 (Key buying area)

is holding strong after the liquidation. A breakout above $1.10 could trigger significant gains.

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🔥 Trading Plan (Next Move):

Buy Zone (Entry Point):

Enter around $1.05 - $1.06 if price consolidates or shows strength near support.

Target Levels:

First Target: $1.10 (Test of immediate resistance)

Second Target: $1.15 (Potential breakout zone)

Stop Loss:

Place your Stop Loss below $1.03 to protect your position if the trend reverses.

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⚡ Pro Tips for Trading $ENA:

1. Watch Volume: Strong buying volume around $1.05 confirms bullish continuation.

2. Breakout Play: If $1.10 breaks with solid volume, expect a quick surge toward $1.15 or higher.

3. Risk Management: Stick to your Stop Loss and don’t get greedy with short-term volatility.

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🔥 Market Insight: After this large short liquidation, $ENA could be setting up for a big move. A solid bounce off $1.05 could open the door to higher targets.

Trade smart, stay focused, and watch those levels closely. Let me know if you'd like real-time updates as $ENA moves! 💹

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