ENS : Weekly Technical Analysis – Bulls vs. Bears at a Critical Juncture

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The ENS token is currently facing a pivotal moment in its weekly chart, trading under **weekly resistance** while remaining above crucial **daily support** levels. The market is at a crossroads, where either bulls or bears will dictate the future price movement.

If the bulls succeed in gaining momentum, they could push the price from **11.90** up to **39.77**, as indicated by the green arrow. This upward movement would signify a strong bullish trend and increased buying interest. On the flip side, if the bears manage to break below the **11.34** level, we could see a continuation of the **downtrend**, leading to further selling pressure.

The outcome of this battle between bulls and bears will significantly influence ENS's price trajectory in the coming weeks.

Conclusion and Advice :

As ENS hovers between key resistance and support levels, traders should closely monitor these price points. A sustained move above **11.90** may present a buying opportunity, while a drop below **11.34** could signal a need to reconsider positions. Conduct thorough analysis and manage risk appropriately in this volatile environment.