Entry: $1.465 - $1.485 TP1: $1.350 TP2: $1.220 TP3: $1.100 SL: $1.565 My Analysis: Price has broken sharply below the MA 7 ($1.552) and MA 99 ($1.567) after a failed pump. It is currently sitting right at local support, but the steepness of the drop and the bearish crossover of the short-term MAs suggest a deeper correction is incoming. Volume on this breakdown is significant, indicating strong selling pressure.
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$ENSO /USDT Short Setup
Entry: $1.465 - $1.485
TP1: $1.350
TP2: $1.220
TP3: $1.100
SL: $1.565
My Analysis: Price has broken sharply below the MA 7 ($1.552) and MA 99 ($1.567) after a failed pump. It is currently sitting right at local support, but the steepness of the drop and the bearish crossover of the short-term MAs suggest a deeper correction is incoming. Volume on this breakdown is significant, indicating strong selling pressure.