🚨 ENA JUST FLUSHED ANOTHER WAVE OF LONGS!
A $147K long liquidation at $0.229 has hit the market — a notable forced-sell event as ENA trades near a critical support region.
🔴 Long Liquidated: $147K
📍 Liquidation Price: $0.229
⚡ Event: Leveraged buyers forced out
📉 Key Zone: $0.229–$0.230
ENA has been under pressure recently, with the token also facing supply-related catalysts. Current market data shows ENA around the low-$0.23 area, while reports point to a large token unlock scheduled for October 5, adding a potential source of short-term selling pressure. �
CoinMarketCap +1
🎯 SIGNAL DESK VIEW
My short-term read: cautious bearish while ENA remains below $0.24.
If $0.229 breaks decisively, another liquidation wave could develop as leveraged longs are forced to exit. However, if buyers defend this level and push ENA back above $0.24, the liquidation could become a fuel source for a rebound.
🔻 Below $0.229: downside pressure can intensify
🟢 Above $0.240: recovery momentum gains confirmation
👀 Watch closely: $0.229 support
The key now isn't the liquidation itself — it's how ENA reacts immediately after the leverage flush.
⚠️ Liquidation data reflects forced positioning and does not guarantee the next move. Manage risk and avoid excessive leverage.
#ENA #Ethena #ENAUSDT #CryptoTrading #Liquidation #Futures #TradingSignals #CryptoAnalysis �
Swolecharts
A useful next step is to watch $0.229 and $0.240 as the two confirmation levels before taking a directional setup.
#USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #ICBASuesOCCOverCryptoBankCharters #USStocksCloseHigherOnWeakJobsData #SECProposesCryptoCustodyRules
A $147K long liquidation at $0.229 has hit the market — a notable forced-sell event as ENA trades near a critical support region.
🔴 Long Liquidated: $147K
📍 Liquidation Price: $0.229
⚡ Event: Leveraged buyers forced out
📉 Key Zone: $0.229–$0.230
ENA has been under pressure recently, with the token also facing supply-related catalysts. Current market data shows ENA around the low-$0.23 area, while reports point to a large token unlock scheduled for October 5, adding a potential source of short-term selling pressure. �
CoinMarketCap +1
🎯 SIGNAL DESK VIEW
My short-term read: cautious bearish while ENA remains below $0.24.
If $0.229 breaks decisively, another liquidation wave could develop as leveraged longs are forced to exit. However, if buyers defend this level and push ENA back above $0.24, the liquidation could become a fuel source for a rebound.
🔻 Below $0.229: downside pressure can intensify
🟢 Above $0.240: recovery momentum gains confirmation
👀 Watch closely: $0.229 support
The key now isn't the liquidation itself — it's how ENA reacts immediately after the leverage flush.
⚠️ Liquidation data reflects forced positioning and does not guarantee the next move. Manage risk and avoid excessive leverage.
#ENA #Ethena #ENAUSDT #CryptoTrading #Liquidation #Futures #TradingSignals #CryptoAnalysis �
Swolecharts
A useful next step is to watch $0.229 and $0.240 as the two confirmation levels before taking a directional setup.
#USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal #CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #ICBASuesOCCOverCryptoBankCharters #USStocksCloseHigherOnWeakJobsData #SECProposesCryptoCustodyRules