$ENSO has been showing strong volatility, and the latest price action around $2.25 suggests the market is trying to decide whether this recent rally is real or just another fakeout. The 24-hour jump of more than 25% looks impressive, but the volume behind it—over 16 million ENSO traded—is the more important signal. That kind of liquidity spike usually means either big buyers are stepping in or short-term traders are running stop losses. The range between $1.77 and $2.30 is tight enough to trigger both behaviors, which makes the next move critical.
On the technical side, the chart is still messy. The sharp bounce from $1.76 to $2.29 shows strength, but without a clear retest or consolidation, it’s hard to trust. If ENSO holds above $2.10 for the next 24 hours, it could build a base for another leg up toward $2.50. Fall back under $2.00, though, and the momentum probably unwinds fast, especially given how fast gains have come. Short-term traders will watch for signs of exhaustion on hourly candles—long wicks or fading volume could be the first clue.
In simple terms, $ENSO looks like a coin that’s trying to convince the market it deserves attention again. The fundamentals aren’t driving this move; it’s sentiment and liquidity. If you’re in it, tighten stops and watch for a decisive close above $2.30. If you’re not, waiting for a cleaner setup might be smarter than chasing a candle that’s already burned half its fuel.
