$ENSO What I see on the 15-minute chart:

• 🔴 Consecutive red candles after the 1.2866 peak → rejected at high price
• 📉 Lost EMA5, testing EMA10 → buying momentum weakening
• 🔊 Red volume increases immediately after the pump → proactive selling
• ❌ Cannot create a higher high → first lower high

👉 This is a clear distribution phase, not a healthy correction.

What does this indicate?
• The organization has stopped pushing
• Gradually selling off above FOMO levels
• Small retail buyers starting to get stuck

IMPORTANT levels RIGHT NOW:
• 1.18 – 1.17: very close support
• ❌ Losing this zone → rapid fall
• 1.15: confirmation level for strong sell-off
• 1.10 – 1.05: reasonable buy-back zone (if maintained)

Standard strategy at this point:

If you already hold:
• ✅ Take profits / close all positions is correct
• ❌ Don’t expect “a quick rebound”

If you don’t hold:
• ❌ Do not buy
• ⏳ Wait:
• Test 1.10–1.05
• Or establish a clear new base

A simple memorable phrase:

No need for a big red candle at the peak – just not pulling back further is enough to know.