【$ENSO Signal】Long | Healthy Pullback After Breakout with Volume

$ENSO After completing a volume breakout on the 4-hour chart, the price is consolidating in a narrow range above the previous high resistance zone. This is a typical healthy reset after a breakout, not a top formation. The sell order depth is concentrated above 1.4130, but the price is being continuously absorbed here, indicating strong buying support. The funding rate remains negative, providing a buffer for subsequent upward movement.

🎯 Direction: Long

🎯 Entry: 1.408 - 1.412

🛑 Stop Loss: 1.385 ( Rigid stop loss, below the low of the breakout candle )

🚀 Target 1: 1.480

🚀 Target 2: 1.550

Core Logic: Before breaking the previous high at 1.3327, the volume significantly increased (the fourth candle), confirming the main force's entry. Subsequently, the candles consolidated with decreasing volume in the 1.3567-1.4423 range, with the lows gradually rising, forming an initial flag pattern. The order book shows that although there are sell orders stacked above 1.4130, the price is refusing deep retracements, indicating continuous absorption of selling pressure. Coupled with the negative funding rate, the market has not overheated with FOMO, indicating a healthy breakout structure. As long as the price stays above the breakout zone (above 1.3327), the upward path faces minimal resistance.

Trade here 👇 $ENSO

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