$ENA Short Liquidation: $1.4923K Obliterated at $0.9857 – Bulls Take Control!
In a dramatic twist, $1.4923K worth of short positions in $ENA were liquidated at $0.9857.
This liquidation signals a surge in bullish momentum, potentially paving the way for further upside as bears retreat.
Key Details:
Liquidation Amount: $1.4923K
Liquidation Price: $0.9857
Market Sentiment: Bullish momentum accelerates, breaking key resistance levels.
What’s Next?
For Bulls:
Look for sustained price action above $0.9900. A breakout past $1.00 could trigger further gains.
Watch volume closely—strong buying interest could indicate a significant upward move.
For Bears:
Monitor $1.00 as a critical psychological level. A failed breakout could present shorting opportunities.
Wait for signs of exhaustion or resistance before re-entering.
Strategic Moves:
Long Entry: Consider entering above $0.9900 with a target of $1.02 or higher.
Short Entry: Look for signs of a reversal below $0.9800 to ride a potential pullback.
Stop-Loss Recommendations:
For Longs: Place a stop-loss below $0.9750 to safeguard against sudden dips.
For Shorts: Set a stop-loss above $1.01 to protect against further bullish surges.
The $ENA market is heating up—stay vigilant and act decisively. Momentum is shifting, and the next move could be explosive!
