NA Long Liquidation Report
A long liquidation of ENA worth $7,878.6 occurred at the price of $0.82043. This means a large position was closed at this level, signaling potential market volatility. Traders are now looking for the next move. Here’s a detailed breakdown:
What Could Happen Next?
Market Reaction:
If $0.82043 is a critical support level, the price could bounce back and move higher.
If this level fails, further downside movement might occur, creating new opportunities to buy lower.
Market Sentiment:
A long liquidation usually suggests panic or forced selling.
However, it can also indi