🚨
$ENSO – Intraday Trend Update 🚨
📉 Yes, trend has shifted to bearish on lower timeframes
After a strong 100%+ rally in last 7 days, ENSO is now showing clear signs of exhaustion.
🔴 Key Observations:
• Intraday support at 1.50–1.52 is broken
• Price sustaining below short-term MAs
• Structure shifted to lower high – lower low
• RSI on lower TFs near oversold → weak bounce possible, but trend remains bearish
⚠️ Important Note (Read This):
This is NOT a blind short zone ❌
After such a big rally, market often gives pullbacks before next move
🎯 Smart Trading Approach:
• Prefer short on pullbacks, not at bottom
• Resistance zone: 1.50–1.52
• If rejection appears → continuation likely
• Manage risk strictly (volatility is high)
🧠 Lesson:
After big pumps, patience beats FOMO
Protect capital first, profits come later
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