$ENSO – Rally starting to stall as the push higher begins to lose momentum

Trading Plan Short $ENSO ( max 10x )

Entry: 1.31 – 1.39

SL: 1.48

TP: 1.22

TP: 1.12

TP: 1.02

The move higher extended for a while but the advance is starting to slow down. Buyers managed to keep the rally going, though the follow-through now looks weaker and the structure is turning more choppy. Instead of a clean continuation higher, price is beginning to grind up into resistance. Sellers appear to be gradually leaning back into the market, and when the upside starts behaving like this it often leads to a pullback once buying pressure fades.

trade here 👇🏾

ENSOUSDT

Perp

0.8699

-6.67%