ENS climbed from around $4 to $6 in a single month, then stalled after being turned back twice near $6.3, and is now pausing to catch its breath.
Around $5.80-5.90 two medium-term average price lines overlap with the natural giveback level of this rally. When independent methods all point at the same price, that is the most reliable place to buy a dip.
The rising floor at $5.75 is what has held this advance together, so a break there means the uptrend is done, and the stop sits just below it at $5.66.
The full analysis is for members
Analysis by methodology (ICT, Wyckoff, Elliott, divergence, macro, news), invalidation levels, R:R and confidence are in the member report.
