【$ENSO Signal】Long Position: Breakout and Retest Confirmation

$ENSO After a massive surge of 41%, the price is currently performing a healthy retest above the key breakout level. The price action indicates strong buying absorption, which is a typical reset after a strong breakout rather than a top distribution.

🎯 Direction: Long

🎯 Entry: 1.580 - 1.620

🛑 Stop Loss: 1.520 ( Rigid Stop Loss )

🚀 Target 1: 1.850

🚀 Target 2: 2.100

$ENSO The massive increase accompanied by a significant rise in open interest is a clear signal of main capital entering the market, rather than just short covering. The price retests the previous resistance turned support after breaking out, with restrained pullback magnitude and no signs of panic selling. Each retracement on the lower timeframe is quickly absorbed, indicating market sentiment has shifted from skepticism to bullishness. As long as the price stays above 1.52, the inertia of the breakout push higher is a higher probability path. Small losses, big gains—profit from the continuation of the trend.

Trade here 👇 $ENSO

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