ENSOUSDT Price Analysis – Bullish Reversal from Demand Zone (1H Timeframe)
ENSO/USDT is currently forming a bullish reversal setup on the 1-hour timeframe after price retraced into a well-defined demand zone between $1.202 and $1.178. This zone has previously acted as strong support, indicating buyer accumulation and downside exhaustion.
The entry price is around $1.201, with price holding above the demand area, which keeps the bullish bias intact. As long as ENSO maintains support above this zone, the structure favors upside continuation. On the upside, the first resistance target is $1.302 (Target One), followed by $1.401 (Target Two), aligning with prior swing highs and liquidity levels.
A stop loss at $1.161 is placed below the demand zone to protect against invalidation. A clean break below this level would signal a bearish shift in market structure and negate the long setup.
Summary:
Holding above the demand zone supports a bullish rebound and trend continuation, while a breakdown below support would turn the outlook bearish. Traders should wait for confirmation near the entry zone to maintain a favorable risk-to-reward profile.
