ENA Liquidation Signal
🚹 ENA LIQUIDATION ALERT — SELL-SIDE PRESSURE BUILDING
🔮 #ENA Liquidated Long: $147K at $0.240
A sizeable $147K long position has been wiped out, showing that leveraged buyers are getting caught as ENA loses momentum around the $0.24 zone.
📉 Market Read: ENA is currently trading near $0.24, with recent data showing elevated selling pressure and substantial trading activity. A token unlock expected on October 2 is also adding a near-term supply overhang.
🎯 My View:
The immediate structure looks cautious/bearish while ENA remains below the liquidation area. Another rejection around $0.24–$0.25 could expose lower levels, while a strong reclaim above that zone with volume would weaken the bearish setup.
⚠ Signal Watch:
$0.240 = key reaction zone
Breakdown → downside momentum may accelerate
Reclaim + strong volume → potential relief bounce
đŸ”„ Leverage is getting flushed. Stay disciplined and watch confirmation before entering.
Not financial advice — manage risk carefully.
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