๐จ $ENS /USDT โ Breakdown Confirmed or Bounce Imminent? โ ๏ธ๐
$ENS is bleeding at $18.15 (-3.87%), hovering just above its 24h low of $18.08 after rejecting $19.24. With RSI crushed at 24.56, the token is deeply oversoldโwill bulls step up soon?
๐ Market Overview
๐ Current Price: $18.15
๐ 24h High: $19.24
โ๏ธ 24h Low: $18.08
๐ Parabolic SAR: Near $18.56 (Downtrend still pressing)
๐ MACD Momentum:
DIF: Sloping down
DEA: Below signal
MACD: Bearish momentum building
๐ ENS Trade Setup โ Key Levels to Watch
๐น Bullish Scenario (If ENS Holds Above $18.00):
Entry: Above $18.30
Targets: $18.90, $19.25, $19.60
Stop-Loss: $17.85
๐น Bearish Scenario (If ENS Breaks Below $17.85):
Entry: Below $17.80
Targets: $17.40, $16.80, $16.20
Stop-Loss: $18.30
๐ Should You Hold or Sell?
โ RSI at 24.56 = deeply oversold, strong bounce zone if $18.00 holds
โ Short squeeze likely if $18.30 reclaims with volume
โ Failure to hold $17.85 may trigger a dump toward $16s
๐ก Pro Tip:
โ ๏ธ Watch for a bullish divergence on RSI + MACD cross before reentry
๐ Use $18.90 as confirmation of trend reversal if long
๐ข ENS bullsโare you ready to defend $18 or waiting for blood in the $16s? Share your setup!
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