🚨 Alert: Potential Trading Setup for ENSO Coin Within One Day
📉⚠️🔥📊
📌 Commentary:
ENSO coin has seen a strong rise of over +130% in a short period, climbing from $1.75 to $4.15 before pulling back slightly to around $2.05 due to profit-taking after the sharp upward momentum.
This rise reflects the influx of significant liquidity and the potential for the upward trend to continue, provided that current support levels are maintained and not broken.
📊 Trading Setup:
🎯 Entry Price: $2.05
🎯 Price Targets:
🟠 $2.50
🔴 $3.50
💀 $4.15
🚫 Stop Loss: $1.70
📈 Risk to Reward Ratio: High | Reward = Potential
📉 Technical Indicators:
• RSI: Around 74 – indicates nearing an overbought area and potential for a slight correction before resuming the upward trend.
• MACD: In a positive bullish crossover indicating continued momentum in the short to medium term.
• Bollinger Bands: Price is close to the upper limit → high volatility and potential for a temporary correction.
• Support and Resistance Levels:
Support: $1.70 (potential re-test area).
Resistance: $2.50 – if broken, the price may head towards $3.50 or even $4.15.
📌 Notes:
• Significant increase in trading volume indicates clear interest from investors.
• Breaking previous resistance strengthens the likelihood of continued upward movement.
• It is preferable to wait for a correction towards $1.85–1.90 for a safer entry and to reduce risk.
