$ENS Long Liquidation Alert!
A long position worth $59.1K was liquidated at $32.86, signaling bearish momentum as buyers failed to sustain the price.
Current Market Levels:
Resistance: $33.50 - $34.00
This is a critical zone where sellers are likely to dominate. A breakout above could shift momentum to the bulls.
Support: $31.80 - $31.50
Watch this range for possible buying interest. A breakdown here could lead to further declines.
Next Move Suggestions:
1. For Buyers:
Wait for a retest of the $31.80 support zone. Look for bullish signals like a reversal pattern or increased buying volume before entering. $ENS
Set a stop-loss below $31.40 to manage risks.
2. For Sellers:
If ENS struggles to break above $33.50, consider shorting near resistance with a target around $31.80.
Be cautious of sudden bullish reversals.
: The market sentiment is leaning bearish, so focus on short-term trades and strict risk management. Always keep an eye on overall market trends!
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