๐จ $ENSO โ Intraday Trend Update ๐จ
๐ Yes, trend has shifted to bearish on lower timeframes
After a strong 100%+ rally in last 7 days, ENSO is now showing clear signs of exhaustion.
๐ด Key Observations:
โข Intraday support at 1.50โ1.52 is broken
โข Price sustaining below short-term MAs
โข Structure shifted to lower high โ lower low
โข RSI on lower TFs near oversold โ weak bounce possible, but trend remains bearish
โ ๏ธ Important Note (Read This):
This is NOT a blind short zone โ
After such a big rally, market often gives pullbacks before next move
๐ฏ Smart Trading Approach:
โข Prefer short on pullbacks, not at bottom
โข Resistance zone: 1.50โ1.52
โข If rejection appears โ continuation likely
โข Manage risk strictly (volatility is high)
๐ง Lesson:
After big pumps, patience beats FOMO
Protect capital first, profits come later
#cryptotrading #priceaction #SupportBreakdown #intradaytrading #RiskManagement
๐ Yes, trend has shifted to bearish on lower timeframes
After a strong 100%+ rally in last 7 days, ENSO is now showing clear signs of exhaustion.
๐ด Key Observations:
โข Intraday support at 1.50โ1.52 is broken
โข Price sustaining below short-term MAs
โข Structure shifted to lower high โ lower low
โข RSI on lower TFs near oversold โ weak bounce possible, but trend remains bearish
โ ๏ธ Important Note (Read This):
This is NOT a blind short zone โ
After such a big rally, market often gives pullbacks before next move
๐ฏ Smart Trading Approach:
โข Prefer short on pullbacks, not at bottom
โข Resistance zone: 1.50โ1.52
โข If rejection appears โ continuation likely
โข Manage risk strictly (volatility is high)
๐ง Lesson:
After big pumps, patience beats FOMO
Protect capital first, profits come later
#cryptotrading #priceaction #SupportBreakdown #intradaytrading #RiskManagement