FireHoseReel | $ENA AnalysisWelcome to FireHoseReel!
Weekly Timeframe
BINANCE:ENAUSDT coin is currently at its strong demand zone on the weekly time frame, and it could potentially experience a pump from this area.
Let's check the lower time frames as well to find the best entry point!
Daily Timeframe
On the daily time frame, we have refined the weekly zone.
The price is currently at this zone, and there is significant liquidity to place targets, including liquidity voids and highs.
We also expect the start of the price's substructure phase on the daily time frame and the start of the minor phase on the weekly time frame.
4H Timeframe
On the 4-hour time frame, we are looking for our entry.
We have a demand zone where the price has reversed and turned bullish(CH).This zone also has a lot of liquidity above it, which serves as confirmation for our zone.
This zone will be a good entry point for a long trade.
Our target will be 0.5$ then 0.75$.
