【$ENSO Signal】Long | Healthy Reset After Explosive Breakout

$ENSO After a nearly 40% surge in a single day, the price is consolidating within a narrow range at high levels. This is a typical profit-taking digestion and healthy reset, rather than a top formation. The market shows buying interest continuously absorbing at key support levels, with no signs of large-scale distribution selling pressure.

🎯 Direction: Long

🎯 Entry: 1.580 - 1.620

🛑 Stop Loss: 1.520 ( Rigid stop loss, invalidates the structure if broken)

🚀 Target 1: 1.850

🚀 Target 2: 2.100

Hardcore logic: After a massive breakout, the price did not fall back quickly but formed a tight flag pattern above the breakout level. The 39.69% increase, accompanied by a trading volume of 384 million and a significant rise in open interest, is a clear signal of main capital entering rather than purely short covering. The current consolidation is a necessary correction for extreme overbought conditions. As long as it does not break below the middle of the initiating bullish candle (1.52), market sentiment remains bullish, with a higher probability of moving upward than downward. Small loss, big profit—this is a favorable risk-reward ratio here.

Trade here 👇 $ENSO

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