MAKE A SHORT TRADE...
$ENS /USDT WARNING: Is $27.18 a turning point for a significant move❓
$ENS shows a slight decline, trading at $27.18, down 1.59% in the last 24 hours. With support holding around $26.80 and resistance at $28.46, the price is consolidating, preparing for the next potential breakout.
$ENS Key levels to monitor:
Nearest resistance: $28.46 — a breakout could target $29.50 or higher.
Support level: $26.80 — If it doesn't hold, ENS may retest $25.90.
Trade setup:
Long entry: above $28.50, with targets of $29.50 and $30.20.
Short entry: below $26.80, with targets of $25.90 and $25.20.
Stop-loss: $27.50 for both setups.
Market analysis:
RSI at 34.10 indicates moderate bearish sentiment, but any breakout driven by volume could quickly shift momentum. Watch for volatility as consolidation narrows.
#ENSAnalysis