ENSO saw a **strong impulse move** with a sharp breakout from long consolidation, followed by **profit-taking and consolidation**. Price is still holding **above the middle Bollinger Band**, which keeps the **bullish structure intact**. The long upper wick near **2.45** shows rejection, meaning sellers are active at higher levels.
MACD remains **bullish but cooling**, suggesting momentum is slowing and the market may **range or retrace** before the next move. As long as ENSO holds above the **1.10–1.20 support zone**, buyers stay in control. A clean break above **1.75** could trigger continuation.
**Bias:** Cautiously Bullish 📈
ENSO
1.18
-3.83%