$ENS Risk-adjusting thesis: structure neutral, range-bound action. momentum lacks follow-through, mixed signals. range tightening, volatility coiled. no obvious exhaustion. no directional edge yet. waiting for confirmation.

Setup type: Short
Entry: $6.2743-$6.3057
TP1: $5.0320
TP2: $4.4030
TP3: $3.7740
SL: $6.9190