🚀 $ENSO Massive Breakout – Momentum or Trap?
$ENSO just exploded to $1.99 with a strong +70% move in 24H 🔥
📊 15M Chart Analysis:
• Price holding above EMA 7 / 25 / 99 → Strong short-term bullish structure
• Fresh high printed at $2.04
• RSI(6) at 91 ⚠️ → Extremely overbought
• MACD bullish crossover with expanding histogram
This is clear momentum territory, but RSI above 90 signals possible short-term cooling or pullback.
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🎯 Key Levels to Watch:
🔹 Resistance: $2.04 – $2.10 (break = continuation)
🔹 Support: $1.88 – $1.75 zone (EMA cluster area)
🔹 Major support: $1.63
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💡 Scenarios:
1️⃣ Bullish Continuation
If price consolidates above $1.90 and breaks $2.05 with volume → next impulsive leg possible.
2️⃣ Pullback Setup
Overbought RSI suggests a healthy retrace toward EMAs before next move. Chasing here = higher risk.
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⚠️ After a 70% pump, risk management is everything. Don’t FOMO into green candles without a plan.
Are you taking profit here or expecting $ENSO to send higher? 👇🔥
