$ENSO / USDT: Bearish Pullback Alert – Time to Cool Down? 🔻
The "God Mode" rally for Enso (
$ENSO ) is showing signs of exhaustion. After an incredible +118% surge reaching nearly $2.40, the price is facing heavy rejection from the $2.20 – $2.30 supply zone. High-beta tokens like ENSO often undergo sharp corrections after such parabolic moves.
$ENSO 📊 Trade Strategy (SHORT):
Entry Zone: $1.95 – $2.05 🎯 (Wait for the bounce into resistance)
Targets: * 🎯 TP1: $1.80 (Immediate Support)
🎯 TP2: $1.65 (Fibonacci Retreatment)
🎯 TP3: $1.50 (Major Liquidity Gap) 📉
Stop-Loss (SL): $2.25 🛑 (Exit if bulls reclaim the trend)
🔍 Technical Insights:
RSI Overbought: The 7-day RSI hit 70.56, signaling that the buying pressure is overextended and a mean reversion is likely.
The Trump Briefing (3:00 PM ET): Markets are bracing for impact! Any hawkish trade talk (like the Canada tariffs) could trigger a broader market "risk-off" sentiment, sending speculative assets like ENSO into a deeper dive.
Volume Climax: Massive $334M+ volume suggests a local top might be in as early buyers start securing profits.
⚠️ Risk Warning: Low-cap gems are extremely volatile. Use Isolated Margin and manage your risk carefully ahead of the 3:00 PM candle!
Is
$ENSO heading back to $1.50 or is this just a pit stop before $3.00? 👇
#ENSO
#EnsoFinance #cryptotrading #bearishsignal #TrumpNews #BinanceSquare