🔴$ENSO Bearish📉
$ENSO's EMA5, EMA10, and EMA20 are in a bearish alignment. The price is trading between the lower Bollinger Band (1.3605) and the middle Bollinger Band (1.3854), with the middle band acting as short-term resistance and the lower band as support.
MACD: The DIF and DEA lines continue to trade below the zero line, and the MACD histogram remains negative, indicating that bearish momentum is still being released, although it has weakened somewhat.
KDJ: The J value (-2.39) has entered a deeply oversold zone, while the K value (26.42) and D value (40.83) are in a bearish zone below 50. There is a short-term technical rebound potential, but no clear bullish signal has yet formed.
Current trading volume (11,328.2) is significantly lower than the 5-day average (306,367.6), indicating insufficient rebound strength and a lack of sustained capital inflow.
{future}(ENSOUSDT)