$ENSO
Warning ⚠️ Bearish Pressure Intensifies
$ENSO is showing clear signs of exhaustion at the top. Every attempt to push higher is being rejected, and there’s little buying power left to support a real recovery. The structure is stacking lower highs and weak candles — classic signals of a continuation downtrend.
Many traders are caught in long positions, and the market is targeting that crowded side. Don’t be fooled by small green candles; they’re likely just traps within a larger bearish wave. Liquidity is being harvested at the highs before a potential deeper drop.
If selling pressure persists, $ENSO could revisit 0.72 – 0.75 or even dip further during volatile moves. Trendline rejections, weak volume, and the overall bearish structure all point to downside.
Key Takeaways:
Avoid entering longs — the chart is warning of more losses.
Protect your capital and manage risk carefully.
Wait for confirmed reversal signals before considering any bullish play.
This wave is clearly bearish. Stay alert, trade smart, and respect the structure.