$ENSO : Fading the Relief Rally into Supply 📉
ENSOis currently pushing into a heavy supply zone following a relief bounce. Despite the move up, the upside momentum looks incredibly fragile. The price action feels corrective rather than impulsive, with clear signs of buyer hesitation at these levels.
Trading Plan — Short $ENSO Entry Range: 1.84 – 1.92
Stop Loss (SL): 2.07
Take Profit 1: 1.72
Take Profit 2: 1.58
Take Profit 3: 1.44
The trend structure remains bearish. Watch for a rejection in the entry zone to confirm the move.
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