Overview on #ENA 4h:
Current price is $0.2830, the instrument is trading in the potential reversal zone after breaking the weak low.
⏫⏬ Possible scenarios:
➡️ Bullish scenario:
After liquidity pickup under the weak low, upward movement to the zone of $0.3200-$0.3400 is possible, if broken - continuation of growth to the area of $0.3600-$0.4000, where the main supply blocks are located.
➡️ Bearish scenario:
In case of pullback to 0.3400$-0.3600$, in case of absence of fixation above the zone, new decrease with targets at 0.2400$-0.2200$ may start.
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