A $1.10K LONG liquidation just hit $ENSO at $1.33854, flushing leveraged long positions and resetting short-term market structure. This liquidation sweep clears weak hands and often opens a volatility window as price searches for its next direction.
With leverage removed, $ENSO is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $ENSO could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.
Trade Setup
EP: 1.32 – 1.36
TP1: 1.48
TP2: 1.62
TP3: 1.85
SL: 1.25
Post-liquidation moves can be sharp — let price action confirm direction.
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