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$ENSO 🔴 Overall Trend
H1 / H4
• Lower High – Lower Low still present
• Price below EMA30 (golden line) → downtrend not broken
• The recent green waves are just technical pullbacks (pullback) after strong sell-off
➡️ No real reversal signs yet
⸻
🟡 Short-term (intraday)
• Rebound around 1.27–1.35
• But:
• Weak rebound
• Volume not explosive
• MACD still in negative zone
➡️ This is a rebound to continue selling, not a new uptrend
⸻
🟢 When is a true reversal?
Only when at least 2 of these conditions are met:
1. Price stays above 1.70–1.75
2. H4 candle closes above EMA30
3. Pullback does not break 1.50
👉 Currently, none of these conditions are met
⸻
⚠️ Most likely scenario
• Sideways – gradually decreasing
• Test again 1.45 → 1.30
• If breaks 1.27 → downtrend extends further
⸻
Brief summary for decision-making
• ❌ Not recommended to FOMO buy now
• ⚠️ To hold, must be very disciplined
• ✅ Short positions are only safe when price rebounds to resistance