2026-01-25 05:03:00

$ENSO 🚫 Zone 2.30–2.32: strong sell-off

→ Long upper wick, small body ⇒ unable to break previous high 2.319.
• 📉 Volume does not surge further after the strong pump
→ Buying momentum wanes, not enough to sustain the breakout.
• 📊 MACD remains positive but the slope slows down
→ Signs of enthusiasm weakening, prone to correction / sideways movement.
• 📐 Price is far from EMA30 → usually a rebound to test support.

Short-term scenario

1️⃣ More likely correction (:
• Rebound: 2.05 – 2.00
• Deeper: 1.86 – 1.90 )EMA10 / EMA30(

2️⃣ To continue upward movement, need:
• H1 candle closes firmly above 2.32
• Volume increases significantly
➡️ If these two conditions are not met, it’s just a pull and dump.

Safe strategy
• ❌ Avoid FOMO long at the top
• ✅ Wait:
• Rebound to support before going long
• Or break & retest 2.32 successfully

ENSO10,1%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.