๐ด #ENA Liquidated Long: $82.2K @ $0.253
The $82.2K long liquidation lands almost directly inside ENAโs current support battle. ENA fell sharply after its recent rally, with September 29 trading around $0.257โ$0.265, while technical indicators were showing strong short-term selling pressure.
๐งญ ENA โ LEVELS ON WATCH
๐ก๏ธ $0.252โ$0.255 โ immediate defense zone
โ ๏ธ Below $0.252 โ $0.24 could become the next downside area
๐ $0.263โ$0.265 reclaim โ recovery attempt gains traction
๐ $0.28โ$0.30 โ major upside resistance zone
๐ SIGNAL READ
The long liquidation adds evidence of short-term deleveraging. If ENA absorbs the selling around $0.252โ$0.255 and reclaims $0.265, a relief bounce toward $0.28โ$0.30 becomes possible.
However, ENA also has a scheduled token-unlock event on October 5, which could add supply pressure. A decisive loss of the $0.252 area would therefore make a deeper pullback more plausible.
๐ฅ Key trigger: $0.255 support vs. $0.265 reclaim.
Don't chase the liquidationโwait for price to prove which side is taking control.
Market analysis only. Not financial advice. Manage leverage carefully.