đŽ #ENA Liquidated Long: $82.2K @ $0.253
The $82.2K long liquidation lands almost directly inside ENAâs current support battle. ENA fell sharply after its recent rally, with September 29 trading around $0.257â$0.265, while technical indicators were showing strong short-term selling pressure.
đ§ ENA â LEVELS ON WATCH
đĄïž $0.252â$0.255 â immediate defense zone
â ïž Below $0.252 â $0.24 could become the next downside area
đ $0.263â$0.265 reclaim â recovery attempt gains traction
đ $0.28â$0.30 â major upside resistance zone
đ SIGNAL READ
The long liquidation adds evidence of short-term deleveraging. If ENA absorbs the selling around $0.252â$0.255 and reclaims $0.265, a relief bounce toward $0.28â$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.
đ„ Key trigger: $0.255 support vs. $0.265 reclaim.
Don't chase the liquidationâwait for price to prove which side is taking control.
Market analysis only. Not financial advice. Manage leverage carefully.