🔴 $ENA Long Liquidation – Six Figures Erased in One Strike .A brutal $158.9K in long positions vanished at $0.20518. This was not a random wick. This was a structural failure where late bulls were leaning too hard into a level that simply had no real support left behind it.
Short Entry Zone: $0.204 – $0.208
Targets:
TP1: $0.196
TP2: $0.182
TP3: $0.165
Stop Loss: $0.216
Market Context:
ENA had been building an illusion of strength. Volume was thinning, momentum was slowing, and yet leverage kept increasing. When price slipped, it did not fall. It collapsed. That is the signature of distribution. Until ENA can reclaim $0.22 with real volume, every rally is likely a relief bounce inside a broader bearish unwind.
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ENA
0.2461
-2.30%