$ENS /USDT BEARISH PULLBACK POSSIBLE AFTER REJECTION FROM RESISTANCE ā ļøš»
Current Price: $20.81
24h Change: +0.97%
š TECHNICAL ANALYSIS
$ENS faced strong rejection at $21.11, forming a possible lower high. Momentum is fading, and indicators show signs of bearish divergence on the 1H and 4H charts. If price breaks below $20.65 support, a deeper pullback is likely. š
š KEY LEVELS
Resistance (R1): $21.11
Support (S1): $20.65
Major Support (S2): $20.46
Bearish Breakdown Trigger: Below $20.65
š TRADE SETUP ā SHORT ENTRY
š» Entry: $20.65 ā $20.75 (on breakdown retest)
šÆ Take Profit Targets:
TP1: $20.30
TP2: $19.90
TP3: $19.50
š Stop Loss: $21.12 (above resistance zone)
š Trade Timeframe: Short-Term to Mid-Term Swing
š¼ RISK MANAGEMENT
ā Risk only 1ā2% of capital
ā Stick to stop-loss to protect downside
ā Use trailing SL once TP1 hits to lock gains
š¢ Watch for confirmation on breakdown ā sellers may gain control below $20.65!
Trade with precision & protect your capital! š£šš
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