🚨 $ENS Alert: Massive Volatility Ahead! 🚨
$ENS is trading at 33.03, up a staggering 29.43%, after reaching a 24-hour high of 38.98. This explosive rally is drawing significant attention, but traders should be cautious as the price approaches critical levels.
Key Levels to Watch
Resistance: 38.98 – A breakout above this level could push ENS toward 40.21 and possibly 45.00, fueled by bullish momentum.
Support: 31.24 – If $ENS fails to hold above this level, it could retrace to 25.24 or even test 22.29.
Next Steps for Traders
Bullish Scenario:
Long entry if ENS breaks above 38.98, targeting 40.21, 45.00, and 50.00.
Stop Loss: 31.00 to manage risk.
Bearish Scenario:
Short entry if ENS drops below 31.24, aiming for 25.24 and 22.29.
Stop Loss: 33.50 to minimize losses.
Market Sentiment
With a 24-hour volume of 12.39M ENS, the market is experiencing heightened activity. A decisive breakout or breakdown will likely determine the next trend.
⚠️ Caution: Use tight risk management and avoid chasing the rally without clear confirmation. Volatility is high, so plan your trades wisely!
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