$ENA is holding the 0.1875 low with a sharp reaction from buyers.
Price swept that low and printed a recovery candle, so sellers are losing momentum.
EP
0.1950 - 0.1991
TP
TP1 0.2059
TP2 0.2164
TP3 0.2268
SL
0.1850
Liquidity was taken below 0.1875 and price reacted straight away, which shows demand stepping in at that zone. Structure is still a pullback from the 0.2145 high, so a reclaim of 0.2059 is what shifts control back to buyers. Liquidity sits above 0.2164 and that is the draw if the base holds.
Let's go $ENA
Price swept that low and printed a recovery candle, so sellers are losing momentum.
EP
0.1950 - 0.1991
TP
TP1 0.2059
TP2 0.2164
TP3 0.2268
SL
0.1850
Liquidity was taken below 0.1875 and price reacted straight away, which shows demand stepping in at that zone. Structure is still a pullback from the 0.2145 high, so a reclaim of 0.2059 is what shifts control back to buyers. Liquidity sits above 0.2164 and that is the draw if the base holds.
Let's go $ENA