Market Jolt: $ENA Short Liquidation at $0.985 Triggers Bullish Energy
A substantial $3.0239K short position in $ENA has been liquidated at $0.985, sparking heightened interest and volatility in the market.
This liquidation hints at mounting pressure on bears and could be the catalyst for a significant price shift.
Key Details:
Liquidation Amount: $3.0239K
Liquidation Price: $0.985
Market Sentiment: Increasingly bullish with potential for rapid movement
Next Moves:
1. Confirm Support: Monitor $ENA’s ability to hold above $0.985. If this level becomes solid support, it could pave the way for a push toward $1.00 and beyond.
2. Strategic Entry: Enter a long position if price action confirms a breakout above $0.985, targeting the next key resistance levels.$ENA
3. Protect Your Capital: Set a stop-loss below $0.97 to manage downside risks effectively in case of sudden reversals.
The market is heating up—capitalize on this momentum with precision and vigilance!