🔥 $ENSO Update — Bullish Continuation Setup After Strong Expansion
$ENSO is showing textbook bullish behavior following a powerful vertical impulse. Instead of selling off after the breakout, buyers are consolidating control near the highs, which strongly favors continuation rather than distribution.
After clearing prior range highs, price surged aggressively as demand overwhelmed supply. The current pause is forming a tight consolidation, signaling absorption of sell orders rather than rejection. Notably, momentum remains elevated, and there has been no meaningful downside response since the spike — a key sign of strength.
📈 ENSO Long Setup
🎯 Entry Zone:
• 2.050 – 2.180
🛑 Stop Loss:
• 1.880
🎯 Take-Profit Targets:
• TP1: 2.450
• TP2: 2.750
• TP3: 3.050
🔍 Structure & Outlook
Market structure is now decisively bullish following a clean breakout and sustained acceptance above former resistance. As long as price holds above 1.880, the continuation scenario remains firmly intact, with higher expansion levels likely to be explored.
This is the type of consolidation that often resolves in the direction of the trend.
👇 Trade ENSO below and stay ready for expansion
