Massive $ENA Long Liquidation Spotted.
A significant long liquidation of $2.7355K has been triggered at $0.3877. This indicates heavy selling pressure, potentially leading to more downside movement.
$ENA Price Analysis & Key Levels
🔹 Current Market Sentiment: Bearish due to liquidations and selling pressure
🔹 Key Support Zones:
$0.3750 - $0.3820 (Immediate support)
$0.3550 - $0.3650 (Major demand zone)
🔹 Resistance Levels:
$0.4000 - $0.4150 (Short-term resistance)
$0.4350 - $0.4500 (Breakout level)
Trading Plan
📌 Buy Zone: $0.3550 - $0.3650 (Ideal accumulation zone)
📌 Target 1: $0.3950
📌 Target 2: $0.4150
📌 Target 3: $0.4500
📌 Stop Loss: Below $0.3450 (Break of major support could trigger further downside)
Conclusion
If selling pressure continues, $ENA may retest the $0.3550 - $0.3650 range, which can be a good entry for long positions. However, a break below $0.3450 could lead to further decline.
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