$ENA Long Liquidation Alert: $47.639K at $0.3815
Something big just happened in the $ENA market. A major long liquidation worth $47,639 triggered at the price of $0.3815 — a signal that smart money may be exiting, or preparing for a stronger move.
This kind of shakeout usually hints at either a deeper dip or a powerful reversal. Here's your full technical breakdown:
ENA Technical Analysis
Current Price Zone: Around $0.3815
Buy Zone (Accumulation Range):
$0.3650 - $0.3750
This is the key support area where previous price actions have shown demand
It aligns with the liquidity sweep from the long liquidation — a classic trap zone
Target Levels:
Target 1: $0.3980 — Short-term resistance from recent price rejection
Target 2: $0.4180 — Previous local high and Fibonacci 0.618 zone
Target 3: $0.4420 — Strong psychological and technical resistance
Stop Loss:
Below $0.3580
If price drops below this level, the structure breaks and bears take over
Strategy Insight:
The recent liquidation event may have cleared out weak hands, giving whales room to push the price back up. If $ENA holds above $0.3650, it could rally hard in the coming days. However, if it fails to hold this zone, expect a retest toward the $0.34-$0.35 level.
Watch for volume confirmation before entry.
Would you like a chart for this analysis?
