$ENSO Momentum Shift — Fresh Highs Confirmed
$ENSO s showing a clear momentum shift, breaking into fresh local highs with improving structure. Price action indicates strong buyer control, and dips are being absorbed quickly — a classic sign of trend continuation rather than exhaustion.
Market Structure Overview
$ENSO s reclaimed key short-term resistance and turned it into support
Higher highs + higher lows confirm a bullish continuation pattern
Volume expansion on pushes higher suggests genuine demand, not a low-liquidity spike
As long as price holds above the invalidation zone, the upside remains favored
Trade Plan
Entry Zone: 0.720 – 0.735
This zone aligns with a healthy pullback into prior breakout structure, offering favorable risk-to-reward.
Bullish Bias: Above 0.705
Holding above this level keeps the bullish structure intact.
Targets
TP1: 0.770 → First resistance; partial profit advised
TP2: 0.810 → Momentum continuation zone
TP3: 0.860 → Extension target if market sentiment stays strong
Risk Management
Stop Loss: 0.685
A break below this level invalidates the bullish setup and signals momentum failure.
Trade Management Notes
Consider securing partial profits at TP1 and trailing stops to breakeven
Strong continuation above TP2 could accelerate price toward TP3
Overall market sentiment should remain supportive for full extension
Summary:
ENSO transitioning from consolidation into trend continuation mode. As long as price holds above 0.705, bulls remain in control with upside targets toward 0.86.PLEASE FOLLOW BDV7071.
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