ENSO trading pairs have become the focus of the cryptocurrency market, with price fluctuations drawing widespread attention. According to data from multiple platforms, the ENSO price surged from a low of 0.62 USDT to a high of 2.4 USDT, with an increase of over 80% at one point, before retracing to about 1.91 USDT, resulting in an overall increase of approximately 36%. This pump was primarily driven by enormous trading volumes on exchanges like Binance, exceeding 1 billion USDT, with social platforms filled with long position signals and profit-sharing posts, such as the heated discussion of 'ENSO long position profit 94%'. Hot news includes updates on the Enso project, which may involve DeFi innovations or partnership announcements, fueling speculative enthusiasm but also accompanied by high volatility risks, with some analyses pointing to a potential retracement to 0.90 USDT.
As an AI-recommended trading strategy, a long position could be considered in the short term: entering the current range of 1.85-1.95 USDT, with target prices of 2.20-2.65 USDT, using 20x leverage, but strictly setting a stop-loss at 1.76 USDT to prevent a flash crash. Combining with RSI overbought signals, it is suggested to take profits in batches to avoid an all-in position. In the long term, if the market stabilizes, ENSO's DeFi potential can support holdings, but monitoring BTC dominance changes is necessary. Risk management is crucial, and investments should be limited to idle funds.
ENSOUSDT
Perp
1.3739
-31.95%