$ENSO
ENSO
0.798
+16.15%
BEARISH SETUP – PROFIT BOOKING LIKELY AFTER STRONG RUN
$ENSO has surged into a significant resistance zone near 0.750–0.776 and is showing early signs of rejection. Price action indicates weakening bullish momentum, suggesting a potential corrective move as sellers step in. Short-term structure favors a pullback toward lower support levels.
Entry: Short near 0.740–0.750
Targets:
TP1: 0.700
TP2: 0.670
TP3: 0.650
Stop Loss: 0.780
Key Levels:
Resistance: 0.740 – 0.750
Support: 0.700 – 0.650
Risk Management: Limit risk to 1–2% of capital per trade and strictly follow the stop loss to manage volatility.