2026-01-26 02:47:50

$ENSO Current situation (is very important)

• Price 1.44 is:
• ❌Below EMA5 & EMA10
• ❌Below EMA30 (golden line ~1.54)
• EMA stacking downward → short-term downtrend HAS NOT ended
• Candles retracing are immediately pushed back when touching EMA30 → typical of dynamic resistance

👉 Currently: no reversal signals.

⸻

🔍 Possible next scenario

🔴Main scenario (higher probability)
• Price sideways weak then drops to retest the bottom
• Nearby support zone:
• 1.30 – 1.27 (nearest bottom)
• If breaks 1.27 (closing 1H candle):
• Next target: 1.10 – 1.00
• Further down only if the market is very bad and strong(

⸻

🟢Unconfirmed rebound scenario)

Only consider a technical rebound when:
• 1H candle closes above EMA30 (~1.54–1.56)
• Then retest EMA30 without breaking down
• Volume must increase significantly

👉 Only then is there a chance for a rebound:
• 1.70 → 1.85
• And 2.0$: ❌not yet to be expected at this time
Don’t buy yet, it’s dangerous.

ENSO-1,92%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.