🚨 ENA SHORTS UNDER PRESSURE
$154K worth of ENA shorts were liquidated at $0.238, marking a notable squeeze against bearish positions. The liquidation suggests sellers were forced to exit as price pushed through their positioning zone.
Key Pivot: $0.238
Bullish Confirmation: Hold above $0.238
Upside Levels: $0.242 → $0.248
Risk Area: $0.234–$0.236
Next Move: ENA has a short-term bullish bias as long as $0.238 remains defended. A clean hold above the liquidation zone could open the door for another leg higher, while a rejection back below it would signal weakening momentum.
Signal View: Bullish above $0.238, cautious below it.
⚠️ Liquidations can amplify moves but do not guarantee continuation. Use disciplined risk management.
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