ENSO/USDT (1D timeframe) on Binance, here’s a clean technical breakdown 👇
📈 1. Price Surge
Price: $1.60
24H High: $1.741
Recent peak: ~$2.45
7D: +37%
30D: +187%
Strong impulsive breakout from ~$0.55 → $2.45. That’s a parabolic move, so pullback is normal.
🟢 2. Bullish Indicators
Daily candles: Strong green expansion candle forming.
Volume: Increasing again after decline → buyers stepping back in.
SAR (1.034) below price → short-term bullish bias.
Structure shows higher lows forming near $1.20 zone.
Momentum is rebuilding.
🔴 3. Selling Pressure
After $2.45 spike → heavy profit-taking.
Lower highs formed between $1.70–$1.80.
Resistance zone: $1.70 – $1.85
Major resistance: $2.10 – $2.45
If volume weakens near resistance, expect rejection.
🎯 Dip Entry Zones
🥇 Safe Entry (Support Retest)
$1.30 – $1.40
Previous consolidation zone
Good risk/reward
🥈 Strong Support
$1.10 – $1.20
Breakdown invalidation below $1.00
🚨 Invalidation Level
Daily close below $0.95–$1.00 → trend weakens.
📊 Upside Targets (If Breakout Continues)
TP1: $1.75
TP2: $2.10
TP3: $2.40+
Break and hold above $1.85 with volume = continuation toward $2.10.
🧠 Strategy Insight
Don’t FOMO green candles.
Let price retrace to support.
Watch volume on pullback (low volume dip = bullish).
If BTC market weakens, ENSO will likely retrace deeper.
