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$ENSO – Extended bullish impulse approaching resistance with pullback probability rising
Trade Setup: Short $ENSO
• Entry Zone: 1.168 – 1.200
• Target 1: 1.050
• Target 2: 0.950
• Target 3: 0.850
• Stop Loss: 1.310
Price action has registered a substantial forty-eight percent surge within a twenty-four hour window, supported by elevated volume exceeding twenty million that confirms genuine buying participation rather than artificial inflation. However, the asset is currently approaching the critical short-term resistance band spanning 1.30 to 1.31, where a prior rejection has already materialized from the 1.306 peak. The extended nature of the rally coupled with resistance proximity suggests corrective pullback potential as momentum begins to exhaust.
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