$ENSO /USDT: Catching the Bounce or Trend Reversal?
The infrastructure sector is heating up, and $ENSO is currently showing significant volatility after a sharp correction from its daily high of 2.450. Here is the breakdown of the current setup:
Timeframe: 15-Minute
Trade Type: Long (Bullish Rebound) 🟢
Market Structure: After a massive dump from the 2.148 level, the price is searching for a floor. We are seeing a short-term consolidation near the 1.459 support. The 15m candle is attempting to stabilize above the recent local low.
Entry Zone: $1.480 – $1.530
Take Profit Levels:
TP1: $1.604
TP2: $1.750
TP3: $1.880
Stop Loss: $1.410
Trade Logic:
Oversold Recovery: The price has dropped significantly from the $2.00+ range, creating a "gap" back to the Moving Averages (MA25 and MA99).
Support Validation: The $1.459 level is acting as a temporary "must-hold" zone. A bounce here targets a retest of the breakdown point.
Volume Check: 24h volume is massive ($89M USDT), suggesting high liquidity and interest despite the sell-off. We are looking for a "mean reversion" play.
Risk Warning: ENSO is currently showing +9.53% on the day but is down heavily from its 24h high. This is a high-volatility setup. Always use proper risk management!
#ENSO #CryptoTrading #BinanceSquare #TechnicalAnalysis #Altcoins2026
