$ENSO Bearish Continuation After Rejection From Resistance

ENSO failed to hold above the $1.38 to $1.40 resistance zone and is now showing weakness with lower highs on the 1H timeframe. Price is trading below the recent breakdown level, indicating sellers are in control. As long as price stays below $1.35, further downside is expected toward lower support zones.

Entry Zone

$1.30 to $1.33

TP1

$1.27

TP2

$1.23

TP3

$1.18

Stop Loss

$1.38

Bearish structure remains valid while price stays below the $1.35 resistance area.

Buy and Trade $ENSO

ENSO

1.349

-0.73%