【$ENSO Signal】Long | Healthy Cooldown After Explosive Breakout
$ENSO After a surge of 31.52%, the price is consolidating in a narrow range at a high level. This is a typical healthy cooldown after major players enter, rather than a top distribution. The market shows strong buying absorption with no panic selling pressure.
🎯 Direction: Long
🎯 Entry: 1.520 - 1.560
🛑 Stop Loss: 1.480 ( Rigid Stop Loss )
🚀 Target 1: 1.750
🚀 Target 2: 1.950
The price is consolidating strongly at the top of a massive bullish candle, which is the most powerful consolidation pattern. The significant increase in open interest (OI) along with rising prices clearly indicates new bullish institutional accumulation rather than short covering. The current volume reduction during pullback is a test of the breakout’s validity. As long as it does not fall below the median line of the explosive volume candlestick (stop loss level), the market structure remains intact, and an upward continuation is more probable. Small losses, big gains—here, we profit from the probability of trend continuation.
Trade here 👇 $ENSO
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$ENSO After a surge of 31.52%, the price is consolidating in a narrow range at a high level. This is a typical healthy cooldown after major players enter, rather than a top distribution. The market shows strong buying absorption with no panic selling pressure.
🎯 Direction: Long
🎯 Entry: 1.520 - 1.560
🛑 Stop Loss: 1.480 ( Rigid Stop Loss )
🚀 Target 1: 1.750
🚀 Target 2: 1.950
The price is consolidating strongly at the top of a massive bullish candle, which is the most powerful consolidation pattern. The significant increase in open interest (OI) along with rising prices clearly indicates new bullish institutional accumulation rather than short covering. The current volume reduction during pullback is a test of the breakout’s validity. As long as it does not fall below the median line of the explosive volume candlestick (stop loss level), the market structure remains intact, and an upward continuation is more probable. Small losses, big gains—here, we profit from the probability of trend continuation.
Trade here 👇 $ENSO
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场创作者新春激励 #贵金属行情下跌 #GateLive直播挖矿公测开启 #加密市场回调
