A $4.28K SHORT liquidation just triggered at $1.40212, forcing bearish positions to close and significantly reducing short-term selling pressure. Liquidations of this size often act as strong momentum catalysts when price holds above the trigger level.

With shorts flushed, $ENSO is now trading at a decisive reaction zone. If buyers maintain control and volume supports the move, $ENSO could extend higher from here. Failure to hold may result in brief consolidation before continuation.

Trade Setup

EP: 1.38 – 1.43

TP1: 1.55

TP2: 1.72

TP3: 1.98

SL: 1.32

Short liquidations shift market balance — let price action confirm direction.

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