$ENSO /USDC BEARISH PRESSURE BUILDING – SUPPORT ABOUT TO SNAP
$ENSO /USDC is trading at 1.833, still trapped below MA(25) and MA(99), confirming sustained bearish control. The failure to reclaim the 1.90–1.93 resistance zone keeps structure weak. MACD remains negative with downside momentum intact, and price is hovering just above key support. A breakdown below 1.78 could trigger accelerated selling.
🔻 Trade Setup (Bearish Continuation)
Entry Zone: 1.840 – 1.900 (rejection near MA resistance cluster)
Take Profit 1: 1.780
Take Profit 2: 1.720
Take Profit 3: 1.650
Stop Loss: 1.935 (clear break above MA zone invalidates setup)
📉 Short Market Outlook
The trend remains bearish on lower timeframes with consistent lower highs after the 2.13 rejection. Moving averages are acting as dynamic resistance, and momentum indicators show no bullish divergence yet. A clean loss of 1.780 opens the door toward 1.72 and deeper liquidity pockets.
Trend: Bearish
Momentum: Negative & controlled by sellers
Key Resistance: 1.90 – 1.93
Key Support: 1.78 – 1.72
#ENSO #USDC #CryptoMarkets #TechnicalAnalysis #Altcoins
