$ENA
Long Liquidation Update – What’s Next?
A long liquidation of $14.36K happened at $0.3184 for ENA. This shows that some traders were forced to sell, which could lead to new opportunities. Let's break it down and see what might happen next.
📌 ENA Market Analysis
1️⃣ Price Action: ENA dropped to $0.3184, triggering liquidations. This means big traders lost money on their long positions.
2️⃣ Market Sentiment: If more people panic, the price may fall further. But if buyers step in, we could see a recovery.
3️⃣ Support & Resistance:
Strong Support: $0.3000 – $0.3100 (Good buy zone)
Resistance Levels: $0.3400 – $0.3500
📊 Next Move – Trade Setup
✅ Buy Zone:$ETH
Ideal entry: $0.3050 – $0.3150
If price goes lower: $0.2950 – $0.3000 (safer entry)
🎯 Target Levels:
Target 1: $0.3350 (Short-term)
Target 2: $0.3500 (Medium-term)
Target 3: $0.3800 (If momentum stays strong)
🛑 Stop Loss:
Conservative SL: $0.2980
Aggressive SL: $0.2900 (Only if you can handle risk)
💡 Final Thoughts$XRP
📌 If price holds above $0.3100, we might see a bounce.
📌 If price drops below $0.3000, more selling pressure could come.
📌 Risk management is key! Don't risk more than you can afford to lose.
🚀 Trade smart and stay updated!