$ENSO is currently consolidating below the key resistance of 1.47, after facing rejection from the upper supply zone. The structure shows weakness with repeated rejections near that level, indicating a potential short setup as sellers regain control. A breakdown below 1.44 could trigger a move toward lower supports.
Trade Setup:
Entry Range: 1.445 – 1.455
Target 1: 1.420
Target 2: 1.405
Target 3: 1.398
Stop Loss (SL): 1.477
Market Outlook:
Bearish momentum dominates as the price struggles to sustain above resistance. If volume confirms a breakdown, ENSO could extend its downside toward the next demand zone near 1.39. Caution advised if price closes above 1.47, as it may invalidate the short setup.
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ENSOUSDT
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