$ENS

ENS/USDT Technical Analysis – Key Levels to Watch for the Next Move!

Currently priced at $47.15, ENS/USDT is at an interesting point, showing potential for both bullish continuation or a possible pullback. Traders should keep a close eye on key levels that could dictate the direction of the trend.

Key Levels to Watch:

🔹 Support: $45.00 – This level has provided solid support recently. If price revisits this zone and holds, we could see a bounce and further upward momentum.

🔹 Resistance: $50.00 – The $50.00 resistance is key. A breakout above this level with strong volume could trigger a move towards $55.00 or even higher levels, extending the bullish trend.

Entry Strategy:

Bullish Entry: If $50.00 is broken with strong volume, consider entering long positions targeting $55.00. The upward momentum may continue if this resistance is cleared.

Bearish Entry: If $45.00 support breaks and the price moves lower, consider shorting with a target around $42.00 or the next major support zone.

With ENS/USDT at $47.15, the market is in a critical range. Will it break resistance and continue higher, or will a pullback test support? Watch these levels closely and trade strategically!

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