🚨 $ENS /USDT – Momentum Building or Exhaustion Zone? ⚠️📈
$ENS is up +8.22%, currently trading at $28.57 after peaking at $30.15. With Infrastructure tokens showing strength, can ENS push through resistance—or is this a fade setup? Let’s break it down 👇
📊 Market Overview
📍 Current Price: $28.57
📈 24h High: $30.15
❄️ 24h Low: $26.15
📊 Parabolic SAR: Sitting near $29.46 – possible reversal zone
📉 MACD Momentum:
DIF: Neutral to mild bullish
MACD: Crossing up – early momentum building
📈 RSI: ~60s – strong but not yet overbought
📈 ENS Trade Setup – Scenarios to Watch
🔹 Bullish Scenario (Break Above $29.50):
Entry: Above $29.60
Targets: $30.15, $30.90, $32.50
Stop-Loss: $27.60
🔹 Bearish Scenario (Rejection Below $29.00):
Entry: Below $28.20
Targets: $26.70, $25.80, $24.50
Stop-Loss: $29.60
🔍 Hold or Exit?
✅ Strong 24h volume (~$50M) confirms breakout potential
✅ Price hugging resistance – breakout likely if volume holds
⚠️ Be cautious of a double-top near $30.15
💡 Pro Tip:
Wait for a candle close above $30.15 with strong volume before chasing longs. Otherwise, consider fading spikes near resistance with tight risk.
📢 Are you riding this ENS wave or waiting for a clean retest?
🔥 Like & Share if you caught this move early – more setups coming! 🚀
