$ENSO Alert: Is the correction getting deeper? 📉

ENSO showed a major pull-back after reaching $2.20. The structure on the 1-hour chart is bearish and sellers appear to be in control.

Resistance: Heavy rejection from $2.20.

Support: Currently trying to hold the $1.40 level, but if it breaks, a significant drop could occur.

My Strategy:

📉 Short Entry: $1.4178

🎯 Target 1: $1.30

🎯 Target 2: $1.20

🎯 Target 3: $1.10

🛡️ Stop Loss: $1.65

Always use a stop loss and manage your risk! 🛡️

What do you think? Will ENSO bounce back from here or drop further? Comment below! 👇

ENSOUSDT

Perp

1.3901

-30.20%