#Ens
🚀Following the analysis of the movement of#ENSUSD🇺🇸 within the 4-hour time frame 🚀
Are we facing the beginning of a deep correction?🤔
After a strong rise, the price succeeded in reaching its lower targets, but it seems that it collided with strong resistance at the middle limit of the price channel 📊.
What's next?
- If it breaks the key level and the lower limit of the triangle pattern, we may be about to see wave C within the corrective wave (2)/(B)
- The correction is expected to ideally reach the levels of 50% - 61.8% of the previous wave🔄.
⚠️ If the price records a bottom below 14.55, this means the end of the current bullish scenario.
⚡️ If reversal signals appear at the mentioned correction levels, there may be an opportunity to strengthen buying positions and search for a new top 🔝.