đš ENA UNDER PRESSURE â $150K SHORT LIQUIDATION! COULD A SQUEEZE BE NEXT? âĄ
The battle between bulls and bears is heating up for Ethena ($ENA)! đą A reported $150,000 in short positions was liquidated at $0.216, putting this level on tradersâ watchlists.
đ LIQUIDATION BREAKDOWN
đȘ Coin: Ethena ($ENA)
đ„ Shorts Liquidated: $150,000
đŻ Liquidation Price: $0.216
đ Potential Impact: Forced short closures may add buying pressure, but follow-through from fresh buyers is still needed.
đ„ ENA'S NEXT MOVE: BREAKOUT OR FAKEOUT?
đ Bullish Setup: If ENA holds around $0.216 and pushes through nearby resistance with stronger volume, buyers could attempt to extend the recovery. A continued rise may trigger further short liquidations.
đ» Bearish Countermove: If momentum fades and ENA loses nearby support, the bounce could fail and sellers may regain control.
đŻ Professional Trader's Take: I'd treat $0.216 as a reference pointânot an automatic entry signal. A confirmed breakout and successful retest would strengthen the bullish case. Without confirmation, staying patient is the smarter decision.
⥠The key question: Can ENA turn $150K in short liquidations into lasting
#OCCIssuesFirstFinalRuleUnderGENIUSAct #GENIUSActExpectedToTakeEffectJan18,2027 #ZcashDevelopersConfirmNovemberDateForNU7Upgrade #EarningsSeason #SpaceXAndTeslaFormCommitteesToExploreMerger
The battle between bulls and bears is heating up for Ethena ($ENA)! đą A reported $150,000 in short positions was liquidated at $0.216, putting this level on tradersâ watchlists.
đ LIQUIDATION BREAKDOWN
đȘ Coin: Ethena ($ENA)
đ„ Shorts Liquidated: $150,000
đŻ Liquidation Price: $0.216
đ Potential Impact: Forced short closures may add buying pressure, but follow-through from fresh buyers is still needed.
đ„ ENA'S NEXT MOVE: BREAKOUT OR FAKEOUT?
đ Bullish Setup: If ENA holds around $0.216 and pushes through nearby resistance with stronger volume, buyers could attempt to extend the recovery. A continued rise may trigger further short liquidations.
đ» Bearish Countermove: If momentum fades and ENA loses nearby support, the bounce could fail and sellers may regain control.
đŻ Professional Trader's Take: I'd treat $0.216 as a reference pointânot an automatic entry signal. A confirmed breakout and successful retest would strengthen the bullish case. Without confirmation, staying patient is the smarter decision.
⥠The key question: Can ENA turn $150K in short liquidations into lasting
#OCCIssuesFirstFinalRuleUnderGENIUSAct #GENIUSActExpectedToTakeEffectJan18,2027 #ZcashDevelopersConfirmNovemberDateForNU7Upgrade #EarningsSeason #SpaceXAndTeslaFormCommitteesToExploreMerger