$ENSO is currently under sustained bearish pressure after failing to reclaim previous resistance and continuing to print lower highs and lower lows on the 4H timeframe 📊. The rejection near the 3.15 region marked a major distribution zone, and since then price has remained in a controlled downtrend structure.
The key issue is lack of strong demand response. Every minor bounce has been sold into, showing sellers are still in control. Volume spikes on red candles suggest active distribution rather than panic liquidation. In addition, when $BTC shows hesitation or minor pullbacks, weaker altcoins like $ENSO tend to experience amplified downside volatility. $ETH stability also plays a role, and without strong momentum in majors, recovery attempts remain limited.
Currently, price is hovering near the 1.25 to 1.30 region, which is acting as short term support. A breakdown below 1.25 with strong volume could open continuation toward the 1.16 zone 📉. For any bullish reversal, $ENSO must first reclaim 1.50 and then establish higher lows with sustained buying pressure.
Buying entry zone should only be considered after confirmed structure shift and higher low formation. Aggressive catching of falling price without confirmation carries elevated risk. Until trend reversal signals appear, this remains a corrective phase within a broader bearish structure.
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