$ENSO TesT $0.95 Resistance
Key levels: Price at $0.941,
testing support at $0.938 / $0.922 (4h Boll mid);
resistance at $0.952 / $0.966 (recent swing highs).
Buy setup: Watch $0.938–$0.940 for 5m/1h EMA support reclaim;
deeper add zone at $0.922 if 4h structure holds.
Sell setup: Trim near $0.952–$0.955 on rejection;
stronger supply at $0.966–$0.973 (4h upper range).
Structure: 1h shows lower lows with bearish MACD divergence;
4h capped under $0.973 supply, RSI cooling from overbought.
Trigger And Risk
Bullish Trigger: A 1h close back above $0.949 (EMA25) would signal a failure of the breakdown and a potential retest of $0.952.
Bearish Trigger: A decisive break below $0.938 opens the path to the 4h mid-band at $0.922.
Invalidation: If price reclaims $0.966 with volume, the bearish short-term structure is invalidated, targeting the $0.973 high again.
Key levels: Price at $0.941,
testing support at $0.938 / $0.922 (4h Boll mid);
resistance at $0.952 / $0.966 (recent swing highs).
Buy setup: Watch $0.938–$0.940 for 5m/1h EMA support reclaim;
deeper add zone at $0.922 if 4h structure holds.
Sell setup: Trim near $0.952–$0.955 on rejection;
stronger supply at $0.966–$0.973 (4h upper range).
Structure: 1h shows lower lows with bearish MACD divergence;
4h capped under $0.973 supply, RSI cooling from overbought.
Trigger And Risk
Bullish Trigger: A 1h close back above $0.949 (EMA25) would signal a failure of the breakdown and a potential retest of $0.952.
Bearish Trigger: A decisive break below $0.938 opens the path to the 4h mid-band at $0.922.
Invalidation: If price reclaims $0.966 with volume, the bearish short-term structure is invalidated, targeting the $0.973 high again.