The chart shows
$ENSO /USDT on Binance perpetual futures experiencing sharp volatility. Currently trading at 1.5623 USDT, the token has plunged -45.18% in the last 24 hours after spiking to a high of 2.8510 USDT. This follows a massive pump from lows around 0.52-0.96 levels, with recent candles forming a strong red rejection from the peak.
Key indicators point to a bearish continuation in the short term:
Price broke below EMA(21) at ~1.59 and is hugging lower EMAs.
RSI(14) ~51, neutral but cooling from overbought; RSI(6) at 43 shows weakening momentum.
Stochastic (K:50, D:61, J:28) crossing down, signaling potential downside pressure.
Volume spiked on the dump, confirming seller aggression after the hype-driven surge.
TRADE FORECAST: SHORT
$ENSO /USDT NOW!
Bearish setup after parabolic pump & dump. High risk/reward scalp or swing short.
Entry: around current ~1.56
Take Profit 1: 1.35 (first support zone)
Take Profit 2: 1.15 (deeper retracement)
Stop Loss: 1.75 (above recent swing high for protection)
Volatility is extreme—use low leverage, tight risk management! This cross-chain intent engine token has huge upside potential long-term, but short-term correction looks deep.
Trade or SHORT
$ENSO /USDT Now! Follow & turn 🔔 on ✅ Don't miss the next move!
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