🚨
$ENSO — Bearish Continuation in Play After Rejection!
$ENSO is showing clear bearish pressure after a strong rejection from near the top supply zone, with price breaking down from post‑pump consolidation and now printing lower highs and lower lows — a classic sign sellers are still in control on the charts.
📉 Trade Setup (Short‑Bias)
🟥 Entry Zone: 1.43 – 1.52
🎯 TP1: 1.35
🎯 TP2: 1.25
🎯 TP3: 1.10
❌ Stop‑Loss: Above 1.65
📌 Bias:
Bearish while price stays below the 1.55–1.65 resistance area — this zone acted as supply and stopped upside attempts after recent spikes. A strong 1H close above that resistance band would invalidate the bearish setup and could signal a reversal instead.
💡 Trade Logic:
After failing near heavy supply, ENSO’s structure is unfolding with sell‑side control and downward momentum. Step profits and manage risk strictly — stay disciplined as the trend rides lower.
📉 Let’s go
$ENSO — Downtrend remains valid! 🚀📉 #ENSO #CryptoTrading #BearishSetup
#SupplyRejection