🔴 $ENA Long Liquidation: $6.26K at $0.60257
Longs just got flushed — caution advised!
📉 Trend: Bearish
Price dropped, triggering long liquidations
Suggests sellers are gaining the upper hand
📊 Market Sentiment:
• Overleveraged longs wiped out
• Selling pressure increasing
• Weak support likely tested or broken
💡 Trade Idea:
Watch for continuation downward or bounce setup
If price holds below $0.60, further downside is possible
🔍 Key Levels:
• Resistance: $0.610 – $0.615
• Support: $0.590
• Bearish Breakdown Zone: Below $0.600
🎯 Downside Targets:
• T1: $0.590
• T2: $0.574
• T3: $0.550
🛑 Stop Loss (for shorts): Above $0.615
📈 Bounce Watch: If bulls reclaim $0.605–0.61, short-term recovery possible
⚠️ Summary:
This long liquidation shows bulls losing control near $0.60.
If this level doesn’t hold, $ENA may slide further.
Scalpers might look for breakdown entries or dead cat bounce setups.
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