$ENSO Market Update
Trade Type: SHORT → BEARISH CONTINUATION
Entry Zone: 1.280 – 1.295
Key Resistance: 1.305 – 1.320
Targets:
TP1: 1.255
TP2: 1.235
TP3: 1.205
Stop Loss: 1.335
Market View:
ENSO is trading under selling pressure
on the 15-minute timeframe after failing
to hold above the 1.300 resistance zone.
Price has formed lower highs and continues
to respect the descending structure,
indicating seller dominance.
The bounce from 1.262 support remains weak
and volume shows no strong bullish follow-up.
As long as price stays below the
1.305 resistance zone, downside continuation
is more likely.
A strong breakout above resistance would
invalidate the bearish setup.
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