🚨 $ENSO Clear Downtrend
Look for Short Entry on Weakness
The evidence overwhelmingly points to a strong bearish trend. All major indicators (MA, MACD, Capital Flow) are bearish. Price is at a critical support (S1/Lower Bollinger Band) and is deeply oversold (RSI, KDJ), which warns of a potential counter-trend bounce. However, the momentum from capital outflows and high-volume breakdowns suggests the path of least resistance is still down.
Entry short $ENSO : Ideal short entry zones would be a retest of the broken support-turned-resistance around 1.01- 1.025
Stop Loss: around 1.04-1.045
Target Price $ENSO : 0.98-0.96. A break below could open the path to 0.94 for