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$ENSO might just be setting up for a strong reversal after a sharp correction.
Price has retraced from the highs near $4.15 down to $1.76, where it found strong demand and is now showing early signs of recovery. The selling pressure appears to be cooling off, with a solid base forming near support.
If bulls defend this level, we could see a sharp rebound toward $2.30–$2.70 as momentum returns. $ENSO looks ready for its next leg once accumulation completes early signs of strength are building.
Price has retraced from the highs near $4.15 down to $1.76, where it found strong demand and is now showing early signs of recovery. The selling pressure appears to be cooling off, with a solid base forming near support.
If bulls defend this level, we could see a sharp rebound toward $2.30–$2.70 as momentum returns. $ENSO looks ready for its next leg once accumulation completes early signs of strength are building.
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