$ENS losing momentum? 🐻

Ethereum Name Service ($ENS ) is struggling to hold above $17. The MACD is flashing red with bearish divergence, and the 7-day moving average is trending down, suggesting more downside risk. Volume is fading, indicating a lack of buying pressure. If $16 support breaks, the next target could be the $14-$15 range. Unless bulls step in soon, further downside seems likely. Be cautious with entries at this point.