$ENS Market starting to recover after a slump
Speculative bounce from support zones
Trade: Buy (Long)
Entry: 7.30 - 7.31
Target 1: 7.460
Target 2: 7.580
Target 3: 7.660
Stop Loss: 7.150
We notice the price successfully holding above the EMA 25 and 50 averages after a corrective move, indicating the formation of a new higher low. The OBV indicator maintains high levels despite the recent price pullback, while the MACD is starting to reduce negative momentum in anticipation of a bullish crossover. The current movement aims to revisit the recent peak at 7.665.
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$ENS
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