$ENSO
Defies the Dip: Intent-Based Interoperability Sparks a Massive Rebound 🌊:
Enso ($ENSO) is proving to be one of the most resilient assets in the current market today, February 2, 2026. After a turbulent week that saw it drop from a high of $2.45, $ENSO has staged a dramatic 30% recovery in the last 24 hours, currently trading around $1.22 - $1.41 (depending on the exchange). While the broader market remains under macro pressure, Enso’s trading volume exploded by 530%, signaling intense buyer interest as it bounced off a key Fibonacci support level. The rally appears fueled by a massive short squeeze and growing excitement over its "unified blockchain" architecture, which now powers over 145 products.
Technical Breakdown
Support/Resistance: The immediate support sits at $1.16, while the primary resistance barrier is between $1.60 and $1.70. A break above $1.70 could target a retest of the $1.99 short-squeeze peak.
Whale Alert: Traders should remain cautious; a significant token unlock (approx. 4.17% for investors/team) is scheduled for February 14, 2026, which could introduce fresh sell pressure.
Market Dynamics: The recent surge was largely derivatives-driven ($11M in short liquidations), meaning the price remains highly sensitive to leveraged volatility.