$ENSO

The recent pullback is being effectively absorbed, with sellers unable to push price lower. This behavior indicates strong demand presence at current levels.

Trade Setup (Long $ENSO):

Entry Zone: 1.44– 1.47

Stop Loss: 1.28

Targets:

TP1: 1.70

TP2: 1.75

TP3: 1.95

Price has retraced into a key demand area and stalled, with multiple selling attempts failing to generate downside continuation. Market structure continues to print higher lows, and momentum is stabilizing, suggesting the pullback is corrective rather than distributive. As long as this base remains intact, upside continuation is favored.$ENSO

ENSO

1.222

-12.21%