📢 $ENSO / USDT | 🔴 SHORT | ⭐ 75%
🎯 Target: $0.40763641. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.4184
🛑 Stop Loss: $0.42438
🏁 TP1: $0.407636
🏁 TP2: $0.401657
🏁 TP3: $0.394481
📈 Analysis:
The asset shows a consolidated bearish structure, with lower lows and lower highs on the 4-hour timeframes. A technical break below support at 0.42 can be observed, accompanied by a notable increase in trading volume, which has doubled its usual average. Selling pressure is supported by momentum indicators that confirm the current weakness in price.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A breakout occurs when the price forcefully crosses a key support or resistance level, which usually indicates a continuation of the prevailing trend.
#crypto #ENSO #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision carefully.
🎯 Target: $0.40763641. Will it reach it?
🎯 Trading levels:
🔴 Entry: $0.4184
🛑 Stop Loss: $0.42438
🏁 TP1: $0.407636
🏁 TP2: $0.401657
🏁 TP3: $0.394481
📈 Analysis:
The asset shows a consolidated bearish structure, with lower lows and lower highs on the 4-hour timeframes. A technical break below support at 0.42 can be observed, accompanied by a notable increase in trading volume, which has doubled its usual average. Selling pressure is supported by momentum indicators that confirm the current weakness in price.
⚖️ Risk/Reward: 1:1.8
⏱️ Timeframe: 15M
💭 A breakout occurs when the price forcefully crosses a key support or resistance level, which usually indicates a continuation of the prevailing trend.
#crypto #ENSO #trading #Bearish
💡 This analysis is for educational purposes and does not constitute financial advice. Do your own research and make your decision carefully.
