$ENA — Liquidity Grab Before the Real Move ⚡
$ENA just broke out of its range structure, pushing aggressively above resistance and sweeping liquidity around 0.119–0.120. The spike looks like a classic liquidity grab — triggering breakout buyers before a swift rejection.
Price is now showing strong downside pressure after the wick, suggesting a move to fill the imbalance and retest the prior range.
Key zone to watch: 0.112–0.110
This area could act as the next reaction zone where buyers may step back in.
Short-term outlook:
• Bearish target: 0.112 → 0.110
• Major support: 0.108
After the correction, the market will likely decide between trend continuation or building a new base for the next leg higher.
Fake breakouts and liquidity sweeps like this are common before the real move.