After a 72% surge in volume, the price consolidates at a high level, with open interest rising simultaneously. This is a typical sign of institutional funds entering the market, rather than just a short squeeze.
Price and open interest (OI) surge together, confirming strong buying dominance. Currently consolidating near the high point of the breakout, which indicates healthy bullish rotation and profit-taking digestion. As long as the price can stay above the 2.0 psychological level, the market structure remains bullish, with potential to push towards higher liquidity zones.
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【$ENSO Signal】Long + Breakout with High Volume
After a 72% surge in volume, the price consolidates at a high level, with open interest rising simultaneously. This is a typical sign of institutional funds entering the market, rather than just a short squeeze.
🎯 Direction: Long
🎯 Entry: 2.000 - 2.050
🛑 Stop Loss: 1.850 $ENSO Rigid Stop Loss (
🚀 Target 1: 2.400
🚀 Target 2: 2.800
Price and open interest (OI) surge together, confirming strong buying dominance. Currently consolidating near the high point of the breakout, which indicates healthy bullish rotation and profit-taking digestion. As long as the price can stay above the 2.0 psychological level, the market structure remains bullish, with potential to push towards higher liquidity zones.
Trade here 👇 )
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$ENSO
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