🔴 #ENA Liquidated Long: $82.2K @ $0.253
The $82.2K long liquidation lands almost directly inside ENA’s current support battle. ENA fell sharply after its recent rally, with September 29 trading around $0.257–$0.265, while technical indicators were showing strong short-term selling pressure.
🧭 ENA — LEVELS ON WATCH
🛡️ $0.252–$0.255 → immediate defense zone
⚠️ Below $0.252 → $0.24 could become the next downside area
🔄 $0.263–$0.265 reclaim → recovery attempt gains traction
🚀 $0.28–$0.30 → major upside resistance zone
📊 SIGNAL READ
The long liquidation adds evidence of short-term deleveraging. If ENA absorbs the selling around $0.252–$0.255 and reclaims $0.265, a relief bounce toward $0.28–$0.30 becomes possible.
However, ENA also has a scheduled token-unlock event on October 5, which could add supply pressure. A decisive loss of the $0.252 area would therefore make a deeper pullback more plausible.
🔥 Key trigger: $0.255 support vs. $0.265 reclaim.
Don't chase the liquidation—wait for price to prove which side is taking control.
Market analysis only. Not financial advice. Manage leverage carefully.