$ENS/USDT Chart Analysis

The #ENS/USDT chart shows a potential bounce in the

Fibonacci buy zone between 37.61 (0.618) and 34.03 (0.786),

which represents an ideal buying opportunity for accumulation.

The resistance levels are clearly defined at 52.99 and 61.45

and the upper target at 69.08.

If the price holds and bounces from the Fibo zone,

the risk-to-reward ratio becomes very favorable,

while the stop loss should be placed below 29.50 to reduce the risk of

the downside. Overall,

the chart indicates a bullish breakout scenario after the bounce.

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