2026-01-23 02:00:33

ENSOUSDT has shown clear signs of accumulation after a period of range-bound oscillation. This indicates that smart money is gradually positioning itself, and the current price level is accumulating chips.

From a technical perspective, the price has stabilized above the key support level without breaking down again. This is a good signal. At the same time, volatility is contracting, and the candlesticks are becoming more "compressed," which is usually a precursor to a market move.

As long as ENSO holds this support, the bullish pattern remains. Once it breaks through the resistance above, there is still room for upward movement. The current consolidation phase is actually a preparation process. Traders should pay attention to whether the support level can effectively hold, as this is crucial for judging the next trend.

ENSO46.12%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

6 Likes

Reward
6
4
Repost
Share

Comment

0/400

MetaverseLandlord

· 4h ago

Damn, it's both accumulation and buildup again. I'm tired of this rhetoric. Let's wait until it breaks the support before talking. --- Are the candlesticks getting tighter? That means no one is playing. Just wait for the wind to come. --- Honestly, I don't care whether the support level holds or not. I just want to know when the pump will happen. --- Smart money? Ha, I feel like it's just cutting leeks. --- Consolidation is just buildup, so why am I still losing money? --- Looks good, but my wallet says otherwise. --- Another story of waiting for a breakout. Next time I believe you guys, I'll be a fool.

View OriginalReply0

GasFeeGazer

· 4h ago

This support level really needs to hold, or else it will be another disappointment...

View OriginalReply0

SerRugResistant

· 4h ago

Another story of accumulation, tired of hearing it Just watching, afraid it’s another false move Whether the support level holds is the real issue, don’t bother with those fake moves Building momentum with a hammer, dropping back down is the usual move Wait for a breakout to talk about it, right now it’s all talk Are we going to get cut again this time? Feeling a bit numb

View OriginalReply0

LiquidationHunter

· 5h ago

As long as the support level isn't broken, it's a good thing, but the real takeoff depends on whether the breakout can hold steady.

View OriginalReply0