$ENA looks clean here. Price pushed into a sharp sell-off, swept sell-side liquidity below recent lows, and then reacted instantly. That tells me panic selling was absorbed and the market didn’t accept lower prices.
Market read
Clear liquidity grab followed by a fast bounce. Structure is still short-term corrective, but price is holding above the swept low and reclaiming intraday levels. As long as this base holds, upside remains valid.
Entry
Around $0.143 – $0.146
Right above demand with a clean risk-to-reward.
Targets
TP1: $0.155
TP2: $0.168
TP3: $0.185
Stop loss
$0.138 — if price goes there, the setup fails and I’m out.
Why this works
Sell-side liquidity sweep, rejection wicks at the lows, then a range reclaim. That’s usually where momentum starts shifting.
Calm. Patient. Trading the structure.
Let’s see it play out 📈
ENA
0.1397
+0.28%
#MarketCorrection #WhoIsNextFedChair #PreciousMetalsTurbulence