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Bassman
Bassman
πŸ”Ž ENSOUSDT – Chart Analysis & Trade Setup (1H) πŸ“Š Market Structure * Strong bullish breakout from accumulation (~0.75 β†’ 1.03) * Currently trading around 1.02 after hitting local high 1.0335 * Structure: Impulse β†’ slight pullback (potential continuation) * RSI ~85+ β†’ heavily overbought * Volume spike confirms strong momentum πŸ‘‰ Conclusion: Bullish trend, but extended β†’ high risk of short-term pullback βΈ» 🟒 LONG Setup (Trend-Following) πŸ“ Pullback Entry (Best option) * Entry: 0.95 – 0.98 * Stop Loss: 0.90 * Take Profit: * TP1: 1.05 * TP2: 1.10 * TP3: 1.15+ πŸ“ Breakout Entry * Entry: Break & hold above 1.05 * Stop Loss: 0.99 * TP: 1.12 – 1.20 πŸ‘‰ Strategy: Wait for correction or confirmed breakout β€” don’t chase βΈ» πŸ”΄ SHORT Setup (Counter-Trend) Only consider short if clear rejection at top: * Entry: 1.02 – 1.05 * Stop Loss: 1.08 * Take Profit: * TP1: 0.98 * TP2: 0.93 πŸ‘‰ This is a quick scalp, not swing β†’ trend is still bullish βΈ» ⚠️ Key Levels * Resistance: * 1.03 – 1.05 (current zone) * 1.10+ (next expansion) * Support: * 0.98 (minor) * 0.95 (key support) * 0.90 (trend invalidation) βΈ» 🧠 Market Insight * Classic breakout + FOMO phase * RSI extremely high β†’ market needs cooling * Likely scenarios: 1. Pullback β†’ continuation up (healthy trend) 2. Fake breakout β†’ sharp correction (if volume drops) βΈ» βœ… Strategy Summary * Smart trader β†’ LONG on pullback * Momentum trader β†’ LONG breakout above 1.05 * Scalper β†’ SHORT rejection at resistance * Avoid β†’ buying at current top (~1.02) $SPACE $RAY $MMT #CoinMoveAlert

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