$ENSO

Price is trading at 1.462 after a strong +20% move. We are currently cooling off beneath the local high of 1.493 after a vertical ascent from the 1.152 low. Price is holding above the short-term MA(7) at 1.355, indicating momentum is still in favor of buyers. This looks like a consolidation phase before the next leg up.

We are watching for a breakout above the 1.493 resistance. If volume confirms, we could see a run at the next supply zone. Structure is bullish as long as we stay above the 1.342 level.

• Entry Zone: 1.420 - 1.460

• TP1: 1.550

• TP2: 1.620

• TP3: 1.720

• Stop-Loss: 1.340

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