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Something feels very different about the way $ENSO is moving today.
Usually, after a long downtrend like the one from 1.50, these little bounces just get sold off immediately. But we just printed a solid green candle from the 0.762 support and managed to hit 0.858.
The resistance at 0.889 is the real test though. If we can't break through that, this is just another "dead cat bounce" before we head back to the lows. The 24h volume is okay at 6.7M, but it needs to be picked up if we want to see 1.00 again.
I’m not jumping in blindly here. I want to see if this candle closes above 0.860 or if the sellers start pushing it back down.
What are you guys seeing in the order book?
#IntelandTexasInstrumentsSurge