$ENSO 📉 ENSO/USDC Technical Snapshot — Strong Volatility and Key Support Zone
The ENSO token faced heavy selling pressure today, dropping nearly -16% within 24 hours, from a high near 4.50 USDC down to a daily low of 2.13 USDC before a mild rebound.
🔍 Short-Term Analysis (1m–15m Charts)
• The price found temporary support around 2.27–2.30, showing short-term accumulation signs.
• MA(7) has recently crossed below MA(25) — confirming short-term bearish momentum.
• RSI levels fluctuated between 40–55, signaling the market is currently neutral to slightly oversold.
• MACD shows early signs of potential reversal, but confirmation is still pending.
📊 Market Depth
The order book indicates strong resistance above 2.53–2.60, while buyers are showing strength around 2.50 and below.
Buy orders represent around 29% of the volume, with sellers dominating at ~70%, reflecting a cautious market mood.
⚠️ Key Levels to Watch
• Support: 2.27 / 2.13
• Resistance: 2.60 / 2.78 / 3.00
If ENSO manages to hold above 2.50 and break 2.60, a short-term bullish reversal could form. However, a break below 2.27 might push it to test 2.10 again.
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#Traders ’ Insight:
This is a high-volatility phase — ideal for short-term scalpers, but risky for late entries. Wait for confirmation before entering new positions.
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