PARABOLIC MOVE → HEALTHY PAUSE, TREND STILL STRONG
$ENSO price around 1.35 (Spot | 1H timeframe)
$ENSO has already delivered a massive impulsive rally, breaking out from a long base and pushing far above all major EMAs. After such an extended vertical move, the current small pullback is normal profit-booking, not weakness. Structure is still bullish as price is holding well above the EMA zone, which now acts as strong dynamic support. As long as stays above the previous breakout area and avoids a sharp breakdown, this consolidation can act as fuel for the next expansion. Momentum traders should avoid chasing here and instead watch for controlled consolidation or shallow dips for continuation confirmation.
Click below and buy $ENSO
ENSO
1.823
+28.47%
O now