Alright Matrix family, let me walk you through what I’m seeing here 👀

After a strong impulsive push to the upside, $ENSO faced sharp rejection from the upper supply zone and is now pulling back in a controlled manner. The selling pressure looks corrective rather than aggressive, with price stabilizing near a short-term demand area. As long as this zone holds, a relief bounce remains on the table, while failure would open room for deeper continuation to the downside.

Trade Setup (Short-term reaction play)

Entry: 0.742 – 0.748

Targets:

TP1: 0.730

TP2: 0.718

TP3: 0.705

Stop Loss: 0.770

Patience is key here — let price confirm direction near this base before committing size. Risk management stays priority.

ENSOUSDT

Perp

0.7766

+12.11%