$ENA recorded a $3.1736K Long Liquidation at $0.08689, adding fresh downside pressure as leveraged buyers were forced out. The $0.08689 zone is now a critical pivot. Reclaiming it could stabilize the setup, while rejection may expose lower support.
Market Structure: Bearish pressure
Trigger: $0.08689
Support: $0.0845 – $0.0820
Major Support: $0.0790
Resistance: $0.0895 – $0.0930
Breakout: $0.0970
Entry: Above $0.0895 after confirmation
SL: Below $0.0820
TP1: $0.0930
TP2: $0.0970
TP3: $0.1030
Trade smart: Long liquidation can increase downside volatility, but the next direction still needs confirmation from price action and volume.
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