TAKE SHORT TRADE..... $ENS /USDT ALERT: Is $27.18 the Pivot Point for a Major Move❓$ENS is showing a slight decline, trading at $27.18, down 1.59% over the last 24 hours. With support holding steady near $26.80 and resistance at $28.46, the price is consolidating, preparing for its next potential breakout.
Key Levels to Monitor:
Immediate Resistance: $28.46 – A breakout could aim for $29.50 or higher.
Support Level: $26.80 – Failure to hold may see ENS retest $25.90.
Trade Setup:
Long Entry: Above $28.50, with targets at $29.50 and $30.20.
Short Entry: Below $26.80, with targets at $25.90 and $25.20.
Stop Loss: $27.50 for both setups.
Market Insight:
The RSI at 34.10 indicates mild bearish sentiment, but any volume-driven breakout could shift momentum rapidly. Watch for volatility as the consolidation narrows.