Is ENA about to explode? ICT analysis reveals a potential bounce zone at 0.7548. If this level holds, we could see a massive move to the upside! Don't miss this potential opportunity!
Disclaimer: Not financial advice. Trade at your own risk.
ICT Analysis:
Key Levels: The chart highlights two key horizontal levels: 0.7548 and 0.6097. These are likely significant support or resistance levels based on past price action.
Recent Price Action: The price has experienced a strong bullish move followed by a retracement. It is currently hovering around the 0.7548 level.
Potential Scenarios: The arrows suggest two possible scenarios:
Scenario 1 (Bullish Retest): Price could hold the 0.7548 level as support and then continue its upward trajectory.
Scenario 2 (Further Downside): If the 0.7548 level fails to hold, price could drop further to the 0.6097 level.
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