【$ENSO Signal】Pullback Long + 4H Trend Continuation

$ENSO 1H level is undergoing a healthy pullback after a violent rally, with price retracing to around 1.38. The 4H large bullish candle confirms an uptrend, and the current pullback has not broken key support—an excellent second entry opportunity. Open interest remains stable, indicating longs have not panicked out of positions. Negative funding rates suggest shorts are still resisting, setting the stage for a short squeeze.

🎯Direction: Long

⚡Entry/Limit Orders: 1.289 - 1.322

🛑Stop Loss: 1.256

🚀Target1: 1.587

🚀Target2: 1.720

🛡️Trade Management:

- Execution Strategy: Once price reaches Target1, take profit on 50% of position and move the stop loss of remaining position to entry price. If price breaks Target1 strongly, move the remaining position's stop loss and hold for Target2.

In-Depth Logic: The 4-hour chart shows price breaking through the previous consolidation platform on volume—a clear signal of institutional entry. Although 1-hour RSI has declined from highs to 63, this is a healthy correction of overbought conditions, not a trend reversal. Order book data shows sell orders piling up above 1.385, but buy orders are thicker below 1.382, forming support. Combined with stable open interest and negative funding rates, this looks more like a bull washout accumulating strength for the next leg up. Key support sits at the EMA50 moving average around 1.256—as long as it holds, the uptrend structure remains intact.

View live charts 👇 $ENSO

---

Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
‍#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #加密市场上涨