$ENS /USDT

📊 ENS/USDT Snapshot

Last Price: $22.219

Mark Price: $22.223

24h Change: -8.03% (Significant intraday drop)

24h High: $24.651

24h Low: $22.114

24h Vol (ENS): 4.48M

24h Vol (USDT): $105.43M

🔍 Key Price Zones

TypePrice RangeCommentary🟥 Support Zone$22.05 – $22.11Intraday low zone; if broken, watch for panic sell.⚫ Neutral Zone$22.22 – $22.64Current range; minor reaction expected.🟩 Resistance Zone$23.24 – $23.54Major resistance cluster before reclaiming $24+.

📉 Market Context

Trend: Intraday bearish, down over 8%.

Volatility: High (10.3% 24h range).

Momentum: Still downward with no clear reversal yet.

Liquidity: Concentrated below $22.60.

⚔️ Trade Scenarios

🟥 Bearish Breakdown

Entry: Below $22.11

Target: $21.50 / $20.90

SL: $22.35

Rationale: Break below day low can trigger cascading sell-offs with minimal nearby support.

🟡 Scalp Long Bounce

Buy Zone: $22.10 – $22.22

TP: $22.64 / $23.24

SL: $21.95

Rationale: Bounce play off intraday low if there's buyer defense and volume uptick.

🟢 Reversal Long

Entry: Break and hold above $23.25

TP: $23.54 / $24.00

SL: $22.80

Rationale: This confirms bulls reclaiming prior distribution zone, invalidating short-term downtrend.

🧠 Quick Technical Summary

MetricValue/SignalBiasBearish below $22.64MomentumWeakTrendDowntrendVolatilityHighCritical Support$22.11Next Breakdown Target~$21.50–$21.00

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