Will ENSUSDT Explode or Collapse ? Key Levels to Monitor
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The latest analysis for **Ethereum Name Service (ENSUSDT)** suggests we may see a major price move soon. Here’s what you need to know :
- Current Positioning :
ENS is gathering momentum along an ascending support line, hinting at a potential bullish breakout above the triangle.
- Key Resistance :
For a solid breakout, ENS must clear both the triangle and the supply zone at **$22.99**. A successful move here, marked by strong buying pressure, could lead to a rally. Look for signals like robust engulfing candles and sustained momentum to confirm.
- Bearish Scenario :
If ENS fails to breach $22.99, buyer strength may fade, and sellers could dominate. The critical support to watch is **$13.22**—a historical level for bulls. A dip below $13.22 would likely cancel any bullish outlook and could lead to further declines.
Conclusion & Advice :
Patience is essential here. Waiting for high-probability setups, particularly a breakout above $22.99 or a confirmed hold at $13.22, can help avoid early losses and set up profitable opportunities. Acting on clear signals will position you to capitalize on ENS's next major move.