$ERN ALERT: Struggling to Gain Momentum
Ethereum Name Service ($ERN) is trading at $1.382, down 3.96%. It hit a 24-hour high of $1.456 and a low of $1.280, showing mixed movement.
Key Levels to Watch:
Resistance: $1.394 ā Needs to break above to push higher.
Support: $1.360 ā Losing this level could lead to more downside.
Trade Setup:
Short Entry: Below $1.375
Targets:
1. $1.360
2. $1.340
Stop-loss: $1.395
Long Entry: Above $1.390
Targets:
1. $1.410
2. $1.440
Stop-loss: $1.375
Market Insight:
ERN is holding near support but struggling to push higher. A breakout above $1.394 could signal upside, while a break below $1.360 may extend losses.