$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