$ENA
Long Liquidation Alert: $1.3798K at $0.99269
A sharp turn of events for ENA bulls—$1.3798K worth of long positions liquidated at $0.99269. The bears are flexing their muscles, dragging the price dangerously close to critical support levels.
1️⃣ Bearish Outlook: If ENA slips below $0.99, it could face additional selling pressure, with potential downside targets at $0.96 or even $0.94.
2️⃣ Bullish Rebound: However, if buyers step in and reclaim the $1.00 level, ENA could rally toward resistance at $1.03 and possibly $1.05.
Momentum is fragile, and volatility is spiking. Traders should prepare for rapid moves and keep a close eye on support and resistance zones.
Action Plan:
Tighten stop-losses to protect against unexpected dips.
Watch for breakouts above $1.00 to capitalize on a potential recovery.
ENA’s next move will likely define its short-term trend—stay prepared for both opportunities and risks!
