$ENSO – Short Analysis (4H)

$ENSO just printed a vertical breakout after a long base, driven by explosive volume, confirming strong demand rather than a fake pump. The pullback happening now is sharp but still within a bullish structure.

• Structure: Base → breakout → expansion → pullback

• Key support: 1.30 – 1.40 (former breakout zone)

• Current price: ~1.79, correcting from impulse high

• Volume: Expansion spike, now cooling → healthy after a strong leg

Conclusion:

$ENSO remains bullish as long as price holds above 1.30. The current move looks like profit-taking after expansion, not a trend reversal. Avoid chasing at highs; the better edge is waiting for stabilization above support or a clean continuation reclaiming 1.90–2.00.

ENSO
ENSOUSDT
1.9452
+3.60%