$ENA Short Liquidation Alert
A short position worth $7.99K was liquidated at $0.92206, indicating strong buying pressure.
The bulls are gaining control, forcing shorts to close their positions and fueling upward momentum.
Key Details:
Liquidation Level: $0.92206
Liquidated Amount: $7,986
Market Sentiment: Bullish, with shorts getting squeezed.
1. Resistance Levels: Watch $0.930 and $0.950 as key resistance zones. Breaking these levels could signal a strong rally.
2. Support Levels: Keep an eye on $0.910 as support. If it holds, the uptrend may continue.
3. Volume Analysis: Rising buy volume will confirm the strength of the bullish momentum.
Strategy Suggestion $ENA :
For Holders: Hold your positions but set trailing stop-losses to protect profits.
For New Positions: Look for an entry around $0.910 support or wait for a breakout above $0.930 for a safer buy-in.
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