🔥 ENA
📌 Event Details:
• Event Type: Short Liquidation
• Volume Liquidated: $1.0424K
• Trigger Price: $0.09138
🎯 Trade Setup:
• Entry Zone: $0.09080–$0.09160
• TP1: $0.09320
• TP2: $0.09500
• Stop-Loss (SL): $0.08940
📊 Market Analysis:
The short liquidation at $0.09138 indicates that sellers were forced out as price moved higher, creating a temporary surge in buy-side liquidity and strengthening upward momentum. This type of liquidity sweep often clears overhead resistance while encouraging fresh spot demand if buyers continue absorbing available supply. Holding above the liquidation level would reinforce the developing price structure and increase the probability of continuation toward the next resistance zones. However, if buying volume fades after the initial impulse, price may revisit the breakout area before attempting another advance.
🛡️ Risk Management: Allocate only a measured portion of capital to the position and keep overall portfolio risk within predefined limits.
