ENA Short Liquidation: $11.198K Loss at $1.11158
The market struck fast and hard, resulting in a devastating short liquidation on $ENA . A carefully planned position turned into a significant loss.
Entry Point: $1.05
The short was initiated at $1.05, driven by a bearish outlook on $ENA 's price action and overall market conditions.
Target: $0.90
The target was set at $0.90, expecting a sharp drop. However, the market defied expectations and surged higher instead.
Stop Loss: $1.11158
At $1.11158, the stop loss was triggered, locking in a loss of $11.198K. A hard lesson in the volatility of $ENA, as price action pushed beyond the risk threshold.
The $ENA liquidation underscores the unpredictable nature of markets—no matter how solid your analysis, always respect your risk management rules.