๐ $ENS Surges Past $26 โ Breakout Rally or Resistance Test?
Ethereum Name Service (ENS) is breaking out, trading at $26.15 after a strong bullish move. This marks a multi-month high, signaling renewed interest in Web3 identity assets.
๐ Key Highlights:
4H chart shows a clean breakout from the $22โ$23 consolidation zone
Moving averages (20/50/200 MA) are aligned bullishly, supporting momentum
Volume likely spiked on this move, suggesting strong buyer conviction
๐ฏ Next Targets:
$28โ$30 zone: Psychological resistance
If bulls push through, mid-term targets could stretch toward $35
โ ๏ธ Risk:
After such vertical moves, pullbacks are common. Watch for support retests near $24โ$25
โ ๏ธ DYOR โ Do Your Own Research. This is not financial advice. Crypto markets are volatileโtrade smart!
