ENS short-term pressure, death cross signal appears, bears are gathering!
From a long-term trend perspective, the upward trend of ENS still exists, but the current outlook is not optimistic. The EMA line continues to decline, releasing a clear short signal, and the price has retreated after being blocked at a key resistance level. Meanwhile, the MACD line forms a death cross, with strong short-term downward momentum, and market sentiment clearly leans towards the bearish direction.
Currently, the upward trend of ENS appears to be insufficiently robust, and it may fall into more fluctuations or even further dips in the short term. Is this a "bear feast" or a trap to lure shorts? The battle at key points is about to unfold, so be sure to maintain flexible operations!
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