$ENSO is facing intense selling pressure after a sharp rejection from the 3.15 zone, triggering a massive drop toward the 1.55 support area. Currently trading around 1.65, the pair shows signs of short-term stabilization after printing a fresh low at 1.550. The strong 24h volume suggests panic selling, but also opens the door for a technical bounce. If buyers defend 1.55 successfully, a recovery toward 1.85 and possibly 2.00 could unfold.

Trade Idea:

Entry: 1.62–1.68

SL: 1.48

TP1: 1.85

TP2: 2.00

Risk management is key, as volatility remains high.
$ENSO