$ENSO /USDT Short-Term Rejection Risk
$ENSO pushed up strongly from the 1.25–1.26 demand zone but now price is stalling near the 1.37 resistance, right after a sharp impulsive move. On the 1H chart, this area has already acted as a rejection zone before, and the current candles show momentum slowing with upper wicks a sign buyers may be getting exhausted. If price fails to hold above 1.36–1.37, a pullback toward the 1.30–1.29 support zone looks likely before the next decision.
Trade Setup
Short Entry: 1.36 – 1.38
Target: 1.30 / 1.29
Stop Loss: Above 1.42
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