$ENSO — Support Holding, Momentum Shift Signals Upside Scalps
Long $ENSO
• Entry: 1.190 – 1.215
• Stop Loss: 1.170
Targets:
• TP1: 1.240
• TP2: 1.260
• TP3: 1.290
📊 Technical Overview:
$ENSO is finding strong support at a key demand zone, with buyers defending the floor decisively. The recent dip into the order block triggered a clear shift in momentum as price broke above the local descending trendline — a textbook confirmation that buyers are stepping back in.
Sellers have failed to push price lower, while significant liquidity rests at previous highs, making the path toward 1.24–1.29 targets highly probable. Shallow pullbacks and controlled consolidation reinforce the bullish bias for this short-term scalping opportunity.
⚠️ Risk Perspective:
A drop below 1.17 would invalidate the current momentum shift and the bullish setup. Until then, structure favors continuation toward the liquidity clusters above.
Defined risk. Momentum-backed entry. Clear path to targets.
Trade ENSO here 👇 📈
