$ENSO — pullback stabilizing, demand stepping in Live at $1.434, ENSO is digesting a sharp sell-off from the $2.45 high and has now started to base near the $1.40–$1.42 zone. After a strong impulsive rally, price corrected aggressively but is now showing signs of absorption, with sellers losing momentum and buyers defending support.
The recent candles suggest selling pressure is cooling, and ENSO is attempting to build a short-term floor. As long as price holds above the demand zone, the broader structure favors a relief push rather than continuation of the dump.
🎯 Next Targets:
• $1.53 — immediate resistance / bounce level
• $1.67 — previous breakdown zone
• $1.82 — structure recovery level
🛡 Key Support: $1.42 – $1.38
✅ Pullback looks corrective, not full trend failure — base formation + slowing downside momentum.
⚠️ Note: Strong moves often retest demand before the next leg; patience is key here.
💬 Is ENSO setting a base for a bounce, or do you expect another support test?
Trade #ENSO here


ENSO
1.399
-2.09%