$ENA

  1. ENA traded in a tight LTF range, then deviated below support, forming a sweep/liquidity grab.

  2. Price quickly reclaimed the range low and retested the FVG (Fair Value Gap) below the range.

  3. This reclaim/flip is a classic bullish reversal setup after a sweep.

  4. Entry on the retest of FVG and previous support, targeting a move back to mid-range and then range highs.

  5. Invalidation below the deviation low (stop).



Price action shows a textbook range deviation and reclaim setup. ENA swept liquidity below the range, trapped shorts, and reclaimed support, forming a bullish reversal signal. The retest of the FVG provided a high-probability entry for a move back to the range highs. This play relies on the principle that deviation and reclaim below a range often leads to a reversal as trapped sellers are forced to cover.

#TrumpBitcoinEmpire #BTCvsETH #ETHBreaks3700 #StablecoinLaw #NFTMarketWatch