🚨
$ENSO at major support!😱
Price is holding the 1.30–1.35 zone after a strong breakout.😬
Watching for a bounce toward 1.55+🧐
Price has completed a strong impulse move and is now in a healthy pullback phase. We’re currently sitting right on a major support area around 1.30–1.35, which previously acted as resistance — now flipped into support.
📌 What I’m watching:
✅ Strong breakout → retrace → consolidation
✅ Price holding above marked support
✅ Volatility cooling after distribution
✅ Possible accumulation forming
🧠 Scenario:
If this zone holds, we could see a relief bounce toward 1.55–1.70, with continuation targets higher.
If support breaks, next liquidity sits much lower — so risk management is key.
🎯 Trading plan (example):
• Support: 1.30–1.35
• Bounce targets: 1.55 / 1.70
• Invalidation: Clean break below support
⚠️ Always wait for confirmation — don’t front-note entries.
$ENSO #enso