$ENS /USDT Signal Alert

Price Action Overview: ENS/USDT has shown strong bullish momentum on the 4-hour chart, surging +12.06% to $48.89. The price successfully bounced from a low of $30.29, reaching a 24h high of $50.55. This indicates significant upward momentum, suggesting a continuation if resistance is breached.

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Trading Signal:

Current Price: $48.89

Entry Price: $48.50 - $49.00 (Wait for confirmation of price stability)

Resistance Levels:

1. $50.55 (Immediate)

2. $51.57 (Next target)

Support Levels:

1. $44.13 (Key support zone)

2. $36.71

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Take Profit Targets:

1. TP1: $50.50

2. TP2: $51.57

3. TP3: $53.00

Stop Loss: $44.50 (Below the support level to manage risk).

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⚠️ Caution:

Traders should monitor the RSI (89.59), as the market may be overbought. Watch for a pullback before entering a position or a breakout above $50.55 for further bullish confirmation.

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