Based on the 1H chart analysis of ENS/USDT, it appears that the price is nearing a potential rejection from the resistance zone and the 200 EMA. This could signal a continuation of the bearish trend, with a possible retest of the previous low.
Short Position: Traders may consider entering a short position on $ENS /USDT, anticipating a downward price movement.
Stop-Loss: It's crucial to implement a stop-loss order to manage risk and limit potential losses.
Risk Management: Conduct thorough research and consider your risk tolerance before making any trading decisions.
Disclaimer: This is not financial advice. Please consult with a financial advisor before making any investment decisions.#SECAppealRipple #WeAreAllSatoshi #