🃏 September 11
♠️ ENS/USDT 1-day market analysis: key resistance level breakthrough, bullish momentum is strong ♠️
ENS players, the market is at a critical moment of breakthrough, let us analyze it in depth!
🃏 Market Overview:
• Current Price: 17.31 USDT
• Key Support: 16.94 - 17.20 USDT
• Key Resistance: 17.63 - 18.34 USDT
♣️ Long Strategy:
1. Entry: 17.31 - 17.50 USDT
• Reason: Important resistance level has been broken, and there is a chance to continue to attack
2. Target:
• Conservative: 17.63 USDT (+0.7% to +1.8%)
• Intermediate: 18.34 USDT (+4.8% to +5.9%)
• Aggressive: 19.04 USDT (+8.8% to +10.0%)
3. Stop Loss: 16.94 USDT (-2.1% to -3.2%)
• Falling below this level may trigger a large number of long orders to be liquidated, stop loss in time
♥️ Short Strategy:
1. Entry: 17.63 - 18.34 USDT
• Reason: Close to the area where a large number of short orders are concentrated, which may form short-term pressure
2. Target:
• Conservative: 17.31 USDT (-1.8% to -5.6%)
• Intermediate: 16.94 USDT (-3.9% to -7.6%)
• Aggressive: 16.23 USDT (-8.0% to -11.5%)
3. Stop loss: 19.04 USDT (+3.8% to +8.0%)
• Breaking through this level indicates that the upward trend is established, and stop loss decisively
♦️ Risk Warning:
• The risk of a single transaction is controlled within 2%
• Pay close attention to the long order concentration area near 16.94, which may trigger a chain reaction
• Pay attention to market sentiment and ENS-related news, such as domain name registration volume, ecosystem updates, etc.
🃏 Advanced Expert:
• Consider grid trading in the 17.31-17.63 USDT range to grasp the volatile market
• Pay attention to the changes in high leverage positions (25x and 50x), which may indicate the market trend
As an important project in the Ethereum ecosystem, the price trend of ENS is closely related to the development of the entire Web3. It is currently at the moment of breaking through the key resistance level, and the future trend is worth paying attention to. Dear players, what do you think of the future of ENS? Can it break through 20 USDT to create a recent high? Welcome to speak freely in the comment area!
