#ENSO /USDT Technical Analysis
ENSO is showing strong bullish momentum with impressive gains of 117.27% over the past 7 days and 84.57% over 30 days, currently trading at $1.447. The price is positioned above the MA60 ($1.447), indicating ongoing upward pressure, though it's consolidating after touching a 24-hour high of $2.450. The substantial trading volume of 48.37M ENSO suggests healthy market participation. However, the token is down 24.56% over 90 days, indicating this recent surge is a recovery rally. The current price action shows the asset testing resistance near $1.490 while finding support around the $1.397-$1.416 zone.
**Entry Point:**
Consider entering on a pullback to the $1.380-$1.420 support zone for a better risk-reward ratio, or on a confirmed breakout above $1.490 with strong volume.
**Stop Loss:**
Place your stop loss at $1.320, just below the 24-hour low of $1.352, to protect against a trend reversal while allowing for normal price fluctuations.
**Exit Point:**
Take profit targets at $1.650 (first resistance) and $1.850 (second target), with a final exit near $2.200-$2.450 if bullish momentum continues toward retesting the recent high.
