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$ENSO – Post-pump exhaustion evident with corrective retracement anticipated
Trade Setup: Short $ENSO
• Entry Zone: 1.04 – 1.08
• Target 1: 1.00
• Target 2: 0.95
• Target 3: 0.90
• Stop Loss: 1.12
Price action appears fatigued following a strong upward surge, with momentum indicators suggesting a probable pullback phase as buying pressure wanes. The inability to sustain higher ground points toward a minor corrective move as sellers begin to step in. Risk parameters are defined above the supply zone at 1.12, with objectives aligned toward progressively lower support thresholds.
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