🚨 ENA LONGS ARE GETTING FLUSHED AGAIN!
Another wave of leveraged buyers has been forced out — $66.5K in ENA longs liquidated at $0.228. This comes right after the earlier $147K liquidation around $0.229, making the $0.228–$0.229 zone a critical battlefield.
🔴 Liquidation: $66.5K Long
📍 Price: $0.228
⚡ Signal: Repeated long-side pressure
🎯 Key Zone: $0.228–$0.230
📉 MARKET SETUP
ENA is facing additional supply-related pressure, with its next scheduled unlock on October 5. CoinGecko currently lists 171.88M ENA for that unlock, while recent reports have also highlighted a much larger StablecoinX-related release, making upcoming supply dynamics an important factor for traders. �
CoinGecko +1
🧭 SIGNAL PROVIDER VIEW
Short-term bias: cautious bearish while ENA stays below $0.230–$0.240.
If $0.228 gives way, another downside sweep could develop as trapped longs continue closing. But if buyers defend this level and reclaim $0.230, a relief bounce could emerge.
🔻 $0.228 breakdown: bearish continuation risk
🟢 $0.230 reclaim: first sign of stabilization
🚀 $0.240 breakout: stronger recovery confirmation
The repeated liquidation pattern is the key here — watch the reaction around $0.228 rather than chasing the candle.
⚠️ Liquidations can provide positioning clues, not guaranteed predictions. Use controlled leverage and a clear invalidation level.
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