$ENS 🚀 BULLISH MOMENTUM 🚀
Patterns & Indicators
Daily Bollinger Bands & MACD: bands not yet fully stretched; MACD displays bullish alignment .
Chart formations: previously, a falling wedge breakout and possible cup-with-handle base suggest upside continuation .
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Trading Strategy
Strategy Entry Zone Stop-Loss Targets
Aggressive Long $28.00–$29.00 Below $27.50 $30.20 → $32.50
Breakout Play Candle close above $30.20–$30.50 Below $29.80 $32.50 → $35.00 → $50+
Dip Accumulation $27.50–$28.00 retest Below $27.20 $30.20 → $32.50
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Tactical Notes
1. Aggressive Long Entry
Initiate in the $28–$29 range with a stop just below recent support ($27.50). Price may revisit the $30–$30.20 zone rapidly.
2. Breakout Setup
A sustained close above $30.20 (on expanding volume) opens path to $32.50 and potentially $35+. Enter above $30.50, use $29.80 as protection.
3. Dip Entry & Accumulate
Wait for a pullback into $27.50–$28. A bounce from this zone would be ideal, with clear risk defined below $27.20 to hedge downside.
4. Risk Management
Cap trade risk at ≤2% of capital.
Confirm entries with volume or momentum signals (MACD, RSI).
Take partial profits at each target tier to secure gains and reduce exposure.
Why This Works
Support/resistance clarity, with $27.50 acting as a solid floor and $30 as a springboard.
Multiple bullish signals: moving averages, positive MACD, and pattern breakouts align.
Volume-backed entries: breakouts are validated with increasing activity, limiting false moves .