$ENS Price Analysis
If the price breaks above the $19.40 resistance with strong volume, it may continue toward higher levels. Traders might consider buying if this breakout is confirmed.
Bearish Scenario: A breakdown below $17.91 may signal a move towards the next support at $16.82, where the price could stabilize.
Support and Resistance Levels:
Immediate Support: $17.91, the 24-hour low, acts as initial support.
Next Major Support: Around $16.82, where the MA(99) lies, indicating a significant support area.
Resistance: $19.40 is the immediate resistance based on the 24-hour high. A breakout above this could indicate continued bullish momentum.