🚨 $ENS Price Stabilizes: Is a Breakout Looming? 🚨
$ENS is currently trading at $43.56 on the 15-minute chart, with the price holding above the key support level of $43.00 after a recent pullback. The resistance level to watch lies at $44.00, where bulls will need to push through to confirm upward momentum. Traders can consider an entry at $43.56, targeting minor gains with TP1 at $43.90 and TP2 at $44.20, while managing risks with a stop-loss at $42.90.
The RSI at 38.9 suggests that ENS is approaching an oversold zone, creating an opportunity for a potential reversal. However, the MACD remains subdued, indicating caution. If buying volume picks up, ENS may test resistance levels and trigger a short-term rally. Stay alert for price action around these critical levels.