$ENSO surged 85.79% within 24 hours, and the price action indicates a strong breakout driven by major players entering the market, rather than a simple short squeeze.
🎯 Direction: Long (Long)
🎯 Entry: 1.320 - 1.380
🛑 Stop Loss: 1.250 (Rigid Stop Loss)
🚀 Target 1: 1.650
🚀 Target 2: 1.900
Market logic: The price broke out accompanied by a massive volume (718M) and a surge in open interest, which is a typical signal of strong capital inflow. Market sentiment shifted from hesitation to FOMO, and initial selling pressure was fully absorbed by strong buying. The current price is consolidating healthily after the breakout; as long as it does not fall below the key support level (1.25), higher liquidity targets will be tested. #Gate广场创作者新春激励 #黄金白银再创新高 #特朗普取消对欧关税威胁 #GateWeb3正式升级为GateDEX
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$ENSO surged 85.79% within 24 hours, and the price action indicates a strong breakout driven by major players entering the market, rather than a simple short squeeze.
🎯 Direction: Long (Long)
🎯 Entry: 1.320 - 1.380
🛑 Stop Loss: 1.250 (Rigid Stop Loss)
🚀 Target 1: 1.650
🚀 Target 2: 1.900
Market logic: The price broke out accompanied by a massive volume (718M) and a surge in open interest, which is a typical signal of strong capital inflow. Market sentiment shifted from hesitation to FOMO, and initial selling pressure was fully absorbed by strong buying. The current price is consolidating healthily after the breakout; as long as it does not fall below the key support level (1.25), higher liquidity targets will be tested.
#Gate广场创作者新春激励 #黄金白银再创新高 #特朗普取消对欧关税威胁 #GateWeb3正式升级为GateDEX