ENA – FVG Support Holding with Reaction from LTF Demand
$ENA is showing signs of strength after tapping the Fair Value Gap (FVG) and printing a sharp recovery wick, suggesting buyers are active around the 0.55–0.56 zone.
🔹 FVG acting as short-term demand
🔹 Rejected from 0.5919 resistance
🔹 Still ranging below key HTF supply at 0.69–0.71
🔹️ Entry: 0.56–0.57 (within FVG reaction)
🔹️ Target: 0.60 short-term, 0.68 extended
🔹️ Stop Loss: 0.545 (below FVG wick zone)
Structure is neutral overall but biased toward bullish continuation if 0.5919 gets reclaimed with conviction. Range conditions remain until breakout.
Holding this base opens the door for a retest of the upper supply block.