$ENSO Reasonable consolidation at this time

❌ Do not chase longs
• Long now = entering the distribution zone.

✅ If planning to short:
• Only short when:
• Price rebounds to the resistance zone
• A rejection candle appears with wicks on top / red engulfing(
• Notable zones:
• 1.48 – 1.52
• Stronger: 1.55 – 1.59 )old highs(

🎯 Short-term targets:
• 1.42
• 1.38
• Further away: 1.30 – 1.28

🛑 Mandatory stoploss:
• Above 1.60 )sell-off peak(

4️⃣ Summary for easy remembering
• Main trend: correction after pump
• Rebound = shorting opportunity
• Do not long until surpassing and holding above 1.60