The bounce in $ENA is getting read as a bottom, but the chart still shows lower highs and price under the fast EMA. Price is rebounding from the recent low into the 0.25289 fast EMA, which is the first thing sellers get to defend. Above that sits the 0.259 to 0.262 order block, supply left behind before the sharp selloff. Reclaiming 0.259 is what would actually weaken the bearish read. If 0.25289 rejects, the nearby magnet is the 0.23827 swing-low sell-side pool, with 0.22 as the next shelf below. What would you need to see on the 1h before you flipped your bias? More reads like this land daily in the group, bio has the way in. #Altcoin Season#
