$ENSO / USDT: Bearish Pullback Alert โ Time to Cool Down? ๐ป
โThe "God Mode" rally for Enso ($ENSO) is showing signs of exhaustion. After an incredible +118% surge reaching nearly $2.40, the price is facing heavy rejection from the $2.20 โ $2.30 supply zone. High-beta tokens like ENSO often undergo sharp corrections after such parabolic moves.
โ๐ Trade Strategy (SHORT):
โEntry Zone: $1.95 โ $2.05 ๐ฏ (Wait for the bounce into resistance)
โTargets: * ๐ฏ TP1: $1.80 (Immediate Support)
โ๐ฏ TP2: $1.65 (Fibonacci Retreatment)
โ๐ฏ TP3: $1.50 (Major Liquidity Gap) ๐
โStop-Loss (SL): $2.25 ๐ (Exit if bulls reclaim the trend)
โ๐ Technical Insights:
โRSI Overbought: The 7-day RSI hit 70.56, signaling that the buying pressure is overextended and a mean reversion is likely.
โThe Trump Briefing (3:00 PM ET): Markets are bracing for impact! Any hawkish trade talk (like the Canada tariffs) could trigger a broader market "risk-off" sentiment, sending speculative assets like ENSO into a deeper dive.
โVolume Climax: Massive $334M+ volume suggests a local top might be in as early buyers start securing profits.
โโ ๏ธ Risk Warning: Low-cap gems are extremely volatile. Use Isolated Margin and manage your risk carefully ahead of the 3:00 PM candle!
โIs $ENSO heading back to $1.50 or is this just a pit stop before $3.00? ๐
โ#ENSO #EnsoFinance #cryptotrading #bearishsignal #TrumpNews #BinanceSquare