→ $ENA just pulled back from the Swing Low Structure around 0.28, then bounced back quite solidly and is now in the range of 0.3296, approaching the 50% Premium Zone.
The previous structure had a broken (BOS), but now there is starting to be a fairly consistent buyer resistance.
→ Ideal Buy Area (Low-Risk Entry)
Range: 0.3 – 0.285
Reason:
→ Close to OB Bottom + swing low structure → strong demand zone.
→ A bullish reaction has occurred, indicating potential reversal.
→ Low risk, high reward if the price returns to the premium zone.
Beware of This:
→ If ENA fails to continue rising and strong rejection appears from 0.34–0.36 (OB top + premium zone), then the possibility of falling again is quite high.
→ Break below 0.28, the structure could become a bearish continuation → next target below 0.26.
