🔥 $ENSO Exhaustion Short ⚠️ Parabolic Pump Cooldown Breakdown
$ENSO’s recent run has traders talking, but the momentum looks tired and ripe for a pullback after heavy selling pressure and range weakness. Spot volume spiked as the token slipped — a sign that buyers are fading and distributions may be underway below key zones. (turn0search3)
📉 Short Setup:
➡️ Entry: 1.30 – 1.35 — prime zone where recent rallies stalled and buyers lost steam. (turn0search1)
➡️ Stop‑Loss: 1.42 — invalidation above the recent resistance cluster.
➡️ TP1: 1.18 — former support and liquidity zone on the way down.
➡️ TP2: 1.08 — next cushion before deeper sell‑offs.
➡️ TP3: 0.95 — extended bearish target if weak structure breaks.
📊 Why this matters:
ENSO’s 24‑hour price action recently showed downside pressure outpacing broad market moves, with a high‑volume sell‑off pushing the token under key levels — indicating momentum fatigue and increased risk of further downside if support fails to hold. (turn0search3)
⚡ Market chatter highlights mixed sentiment: while staking yields and past price spikes have drawn bullish conviction, high greed readings and overextended chops often precede retracements — perfect conditions for a tactical short setup like this if structure breaks lower. (turn0search1)
**Trade carefully — downside setup is live 👇**