$ENSO /USDC BULLISH CONTINUATION SETUP
Market Structure & Trend
ENSO is showing a strong bullish reversal after a prolonged downtrend, supported by a clean Supertrend flip to the upside. Price has broken and held above key EMAs, confirming trend strength and sustained buyer control. The impulsive move followed by consolidation suggests a healthy continuation phase, not exhaustion.
Key Technical Observations
Supertrend (10,3) acting as dynamic support
Higher high and higher low structure established
Strong bullish momentum with controlled pullbacks
Volume expansion validating the breakout
Trade Plan – LONG SETUP
Entry Zone (Long):
0.760 – 0.800
Targets (TP):
TP1: 0.851
TP2: 0.920
TP3: 0.940
Stop Loss (SL):
Below 0.671
Bias: Bullish continuation as long as price holds above the Supertrend support zone.
Risk Management
Limit risk to 1–2% per trade, avoid chasing breakouts, and trail stop loss after TP1 to lock in gains and reduce downside exposure.
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