$ENSO Scalp + Intra-day
Direction : Long
Entry Zone: $0.7364 (Breakout confirmation above the R3 level).
Stop Loss (SL): $0.7022 (Placed below the exhaustion base to protect against a trend reversal).
Take Profit (TP) Targets:
TP-1: $0.8005 (Targeting the previous range high).
TP-2: $0.8678 (Major target located at the upper Supply Zone).
CVD Insight: CVD line is flattening, which confirms "Seller Exhaustion". This implies that supply has dried up, and even a small increase in buying volume could drive the price upward rapidly.
Trend Strength: On the 1-hour timeframe, Moving Averages are still flashing a "Strong Buy" signal, adding significant weight to this trade setup.
Market Risk to Watch
Low Market Cap: ENSO's market cap is approximately $13.15M. This makes it highly volatile; a sudden large sell order could hit your stop loss before the price recovers.
24h Volume: With $33M–$41M in 24-hour volume, there is enough liquidity for this trade but still not like mid cap coin.
#ENSO #LONG✅ #MarketRebound #bullish
