$ENSO /USDT Facing Rejection Zone Near 0.98–0.99, Early Signs of Momentum Exhaustion Incoming
Trade Setup: Short
Entry zone: 0.965 – 0.990 (rejection area)
TP1: 0.920
TP2: 0.900
TP3: 0.856
SL: 1.005 (above breakout confirmation)
Price is pushing into a strong resistance zone where previous highs are sitting, and momentum is starting to look stretched after a sharp +9% move. This area is ideal for watching for rejection or failure to sustain above 0.98–0.99.
If buyers fail to break and hold above the high, a pullback toward mid-range support becomes likely as liquidity gets taken from the recent upside move.