ENSO continues to face selling pressure on the daily chart, with bearish momentum dominating the current market structure. Price action is hovering close to the lower Bollinger Band, indicating continued weakness.
š“ Potential Trade: SHORT
š Entry Range: 0.5050 ā 0.5150
š Stop Loss: 0.5350
šÆ Profit Targets:
TP1: 0.4900
TP2: 0.4820
TP3: 0.4650
š Key Market Observations:
Daily chart structure remains bearish.
The 0.4820 level is an important support zone.
A confirmed move below this area may increase selling pressure.
Traders should wait for a clear confirmation before opening a short position.
Risk Reminder: Avoid entering impulsively after strong bearish candles. Always calculate your position size and manage risk properly.
#ENSO #CryptoAnalysis #BearishSetup #TradingStrategyLessons #Write2Earn
š“ Potential Trade: SHORT
š Entry Range: 0.5050 ā 0.5150
š Stop Loss: 0.5350
šÆ Profit Targets:
TP1: 0.4900
TP2: 0.4820
TP3: 0.4650
š Key Market Observations:
Daily chart structure remains bearish.
The 0.4820 level is an important support zone.
A confirmed move below this area may increase selling pressure.
Traders should wait for a clear confirmation before opening a short position.
Risk Reminder: Avoid entering impulsively after strong bearish candles. Always calculate your position size and manage risk properly.
#ENSO #CryptoAnalysis #BearishSetup #TradingStrategyLessons #Write2Earn
