After running to 0.19 in August and sliding back to 0.157, ENA has recovered to 0.167 — this is a pause for breath following a large advance rather than a fresh trend.
Reasons stack up at 0.160-0.164: two months of average-price lines run through it, trading concentrated there for two sessions, and it sits just above 0.157, where selling dried up on heavy rebound volume.
A break of 0.1556 means this call is wrong. Price already dipped below that area once and recovered, so giving it up again would show the bounce was never real buying.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
