The vertical breakout by $ENSO was very powerful, taking the price out of the $1.20 zone and high above 2.10, only to be rudely rejected.

In case ENSO carries more than $1.70-1.80 and attains a higher low, the chances of further continuation to the range of $2.40 will be extremely high. A clean-up above 2.40 may open up the potential to greater expansion leg.
Yet, not being able to retain $1.70 can result in further retrace to $1.40 and even to the demand zone of $1.10 to completely reset the liquidity.
I believe there is another ENSO dump loading as per the chart. Be cautious and one should always DYOR before any entry has been made.