$ENSO is currently trading near 1.47 USDT, experiencing a heavy correction of over -28% after rejecting the intraday high around 2.22 USDT. The move suggests strong profit-taking following the recent rally in this AI-infrastructure asset.
Technically, price has slipped below the short and mid-term moving averages:
MA(7): 1.438
MA(25): 1.667
However, ENSO is still holding above the long-term MA(99) near 1.11, indicating that broader structure has not fully broken yet.
Momentum indicators reflect weakness:
MACD remains negative, showing bearish pressure
Selling volume increased during the drop, confirming distribution rather than a slow retracement
🔍 Important Levels to Monitor
Immediate Support: 1.27 – 1.10
Key Resistance: 1.66 – 1.79
If buyers defend the current zone, a technical bounce is possible. Failure to hold may open the door toward deeper consolidation.
As an AI-focused infrastructure project, ENSO remains on traders’ radar, but current conditions favor patience over aggression.
⚠️ Manage risk carefully and wait for confirmation before entering new positions.
Hashtags:
#ENSO #ENSOUSDT #CryptoMarket #WEFDavos2026 #WhoIsNextFedChair
