🔴
#ENA — LONGS JUST GOT CAUGHT ⚠️
💥 $61.2K LONG LIQUIDATED @ $0.244
One sharp move was enough to wipe out over $61K in leveraged longs. ENA is now sitting around a critical short-term decision zone, with technical levels showing resistance building near $0.244–$0.247.
📊 MARKET MAP
• 💣 Liquidation: $61.2K @ $0.244
• 🟠 Immediate resistance: $0.244–$0.247
• 🟢 First support: $0.239–$0.242
• 🔻 Deeper support: $0.235
• 🚨 Bigger downside zone: $0.192
🧠 NEXT MOVE TO WATCH
ENA has recently experienced strong volatility, and today's technical readings remain under pressure despite the broader 7-day gain.
If buyers reclaim $0.247 with convincing volume:
➡️ A recovery toward $0.25–$0.27 could come back into focus.
If $0.239 breaks decisively:
➡️ The pullback could extend toward $0.235, with much lower support around $0.192 becoming relevant.
🎯 TRADER'S READ:
This is a confirmation zone, not a place to blindly chase. I’d want to see ENA reclaim resistance before considering bullish continuation. A clean loss of support would shift attention toward the downside.
⚠️ Extra catalyst: CoinGecko lists an ENA unlock scheduled for October 2, involving about 40.63M ENA (~$10M), so volatility around the token can remain elevated.
🔥 Leverage gets punished quickly in zones like this. Trade the reaction, not the emotion.
#NFPWatch #EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework