$ENA is showing a liquidation-driven market signal!

A $1.493K long liquidation at $0.17008 indicates that leveraged buyers are being forced out of their positions. This can add short-term selling pressure, but a single liquidation event is not enough to confirm a bearish trend or justify a SHORT entry.

Technical data adds weight to the cautious bearish outlook: ENA's 4H indicators show strong selling pressure, while RSI is around 40 and MACD remains bearish. The $0.1748 resistance and $0.1637 support are important levels to watch. COINOTAG +2

TRADE SETUP — SHORT

Conditional SHORT

Entry Zone: $0.1715 – $0.1740

TP1: $0.1690

TP2: $0.1670

TP3: $0.1637

Stop Loss: $0.1765

Market Outlook:

A rejection near the $0.1720–$0.1740 resistance zone could create another downside opportunity. A breakdown below $0.1690 would strengthen the bearish continuation scenario, with $0.1637 as the next major support.

Wait for rejection confirmation before entering. These are conditional technical levels, not guaranteed outcomes.

Let's go $ENA

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