🚀 $ENSO / USDT | LONG SETUP 🚀
The 1-hour chart shows $ENSO holding strong above key moving averages despite a healthy cooling-off period. After hitting a local high of 1.416, the price is currently consolidating, offering a strategic entry point for the next leg up.
📊 Technical Insights:
• Support: Price is currently bouncing off the EMA(25) at 1.3317, showing solid buyer interest.
• RSI(6): Currently at 53.81. It has reset from overbought levels, leaving plenty of "room to run" for a fresh bullish push.
• MACD: Momentum is shifting. While the histogram is shrinking (short-term cooling), the trend remains bullish as long as we hold above the zero line.
⚡ TRADE PLAN ⚡
🔹 Entry Zone: 1.335 – 1.355
🎯 Targets:
• TP1: 1.416 (+4.6%) — Previous Peak Resistance
• TP2: 1.480 (+9.4%)
• TP3: 1.550 (+14.5%)
🛑 Stop Loss: 1.285 (-5.1%)
⚖️ Risk / Reward: 1 : 2.8
💡 Strategy:
1. Close 50% of the position at TP1 and move Stop Loss to Entry (Breakeven).
2. Monitor RSI if it spikes above 75, consider trailing your stop loss tightly.
3. Recommended Leverage: Low to Medium (3x - 5x).
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