Either $ENA reclaims 0.1885 and this is just a deep sweep, or the 0.1840-0.1862 retest gets sold and the 0.1657 lows get taken out. The chart leans toward the second: CHoCH on the Jan 30 flush, lower highs under both EMAs, and a fresh BOS through 0.1800. Offers are stepping price down from the 0.1862-0.1884 order block, with the EMA200 up at 0.1935 still capping any bounce. For anyone already long, a rejection here means watching 0.1730 first, then the sell-side pool at 0.1657. A close above 0.1885 is the invalidation that flips this read. Are you treating 0.1730 as the line that decides this? More reads like this land daily in the group, details in my bio. #Altcoin Season#
