Ethena ($ENA ) — Short Liquidation: $70.5K at $0.283
🚨 Post: “⚡ ENA Shorts crushed — ~$70.5K liquidated at $0.283! Could this be the prelude to a wild rebound — or just a quick squeeze?”
📊 What to watch (cautious, limited data):
ENA is now near $0.284, which may act as a short-term psychological support level. Round-number / whole-cent levels often draw attention from traders.
If momentum carries forward and buyers show up, watch for a bounce — but beware of high risk: without strong volume or macro support, volatility could remain high.
🎯 Watch: support ~ $0.283–$0.28; next upside target depends heavily on volume & broader market sentiment (watch for resistance zones likely around next round-number levels).
Ethereum ($ETH ) — Short Liquidation: $305K at $3,155.72
🚨 Post: “🔥 ETH Shorts blow — $305K liquidated at $3,155.72! Bulls flexing strength — could ETH be gearing up for a breakout or just a retracement trap?”
📊 Technical snapshot & next moves:
After a rough patch and bearish pressure, some sentiment is shifting bullish: certain analysis now favors a rebound of ETH toward $4,000 before any major downside.
However, downside risk remains if key support fails. Critical zones near $3,200–$3,800 are being watched.
If bulls hold and momentum returns, a move up to $4,000+ could be in play. On the flip side, a breakdown could send ETH sliding toward lower supports.
🎯 Watch: support ~ $3,200; resistance/target ~ $4,000