📊 Technical analysis $ENSO /USDT — 15min/1h timeframe
Current price ≈ 1.4212 USDT
+13.96% strong pump from ~1.143–1.30 lows, breakout higher, now slight pullback after hitting ~1.4422 high.
Price action & Bollinger Bands:
Price near upper BB (UP ~1.4144, MB ~1.3050 support, DN ~1.1955). Bands expanded on rally, price hugging upper band with red candles — overextension, short-term pullback/consolidation likely.
Volumes:
Current ~373K, MA(5) ~5.29M, MA(10) ~4.39M — solid surge on green pump candles, still decent; watch fade on red.
Key indicators:
• MACD: Positive (DIF 0.03881, DEA 0.02448, MACD 0.01333), histogram bullish — strong momentum.
• RSI(6/12/24): 78.08 / 70.10 / 63.36 — overbought zone, exhaustion signs after sharp rise.
Impulsive rally with volume, but upper BB + RSI >78 suggest short-term correction before next leg.
🟢 Long (high risk)
Entry: 1.38–1.42 (dip to MB or current)
TP1: 1.44–1.46
TP2: 1.48–1.50+
SL: 1.35–1.37
R/R: ~1:3+
Comment: Strong if holds MB (~1.305) + volume on bounce. Continuation favored.
🔴 Short (moderate-high risk)
Entry: 1.43–1.445 (fade upper BB)
TP1: 1.40–1.38
TP2: 1.35–1.32
SL: 1.46+
R/R: ~1:3+
Comment: Only on rejection + volume fade + RSI drop. Risky in strong pump.
⚠️ Most likely scenario now
Short-term pullback/consolidation to MB (~1.305) or 1.35–1.38 due to overbought RSI + overextension. Then likely continuation higher to 1.48+ if volume sustains and holds support. Longs have edge in bullish structure; shorts only on clear exhaustion. High vol — tight risk, monitor volume/RSI/MACD closely.