$ENS setup big long now, breakout momentum is accelerating after a strong recovery from the $3.764 low.
Entry: $5.10–$5.35
SL: $4.75
TP: $5.80
TP: $6.20
Final TP: $6.60
Price has recovered strongly from the $3.764 area after an extended period of consolidation. The 4H chart shows a powerful breakout above the $4.29 resistance zone, followed by a sharp move through $4.93 and toward the current $5.43 area.
Buyers are clearly in control, but after such a strong expansion, chasing the move carries higher risk. A controlled pullback toward the $5.10–$5.35 entry zone could provide a cleaner continuation setup.
As long as holds above the $4.75 support area, the bullish recovery structure remains intact toward $5.80, $6.20 and potentially $6.60.
$BCH
$ENA
Entry: $5.10–$5.35
SL: $4.75
TP: $5.80
TP: $6.20
Final TP: $6.60
Price has recovered strongly from the $3.764 area after an extended period of consolidation. The 4H chart shows a powerful breakout above the $4.29 resistance zone, followed by a sharp move through $4.93 and toward the current $5.43 area.
Buyers are clearly in control, but after such a strong expansion, chasing the move carries higher risk. A controlled pullback toward the $5.10–$5.35 entry zone could provide a cleaner continuation setup.
As long as holds above the $4.75 support area, the bullish recovery structure remains intact toward $5.80, $6.20 and potentially $6.60.
$BCH
$ENA
