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$ENSO ENSO made a strong vertical move and is now cooling down near higher levels. After such rallies, price usually decides between continuation or a healthy pullback.
🟢 Bullish Scenario (Upload with the Bullish chart)
If price holds above the support zone, the uptrend can continue.
Key Levels
Strong Support: 1.45
Base Support: 1.65
Pivot Zone: 1.80
Resistance 1: 2.10
Resistance 2: 2.40
Timeframe view
Short-term: Higher structure still valid
1H–4H: Holding above pivot keeps buyers active
Trend method: Momentum stays bullish above support
Continuation works only if support holds.
🔴 Bearish Scenario (Upload with the Bearish chart)
If price fails to hold support, a deeper pullback may start.
Key Levels
Local Resistance: 2.10
Current Zone: 1.78
Key Support: 1.65
Major Support: 1.45
Breakdown Area: 1.30
Timeframe view
Short-term: Rejection near highs
1H–4H: Loss of support weakens structure
Risk view: Momentum cools below key levels
After sharp moves, pullbacks are normal.
🧠 Final Note
This is personal market observation, not financial advice.