🎯 $ENS
/USDT: Technical Analysis and Key Targets
Price Action: $44.62 (+33.47%)
ENS/USDT has shown significant momentum, breaking key resistance levels and surging over 33% in the past 24 hours. Here’s a breakdown of its technical outlook and potential price targets:
📈 Targets for ENS/USDT:
1️⃣ $47.50 – Immediate Resistance
This is the 24h high and a critical short-term resistance. A breakout above this level could signal further bullish momentum.
2️⃣ $52.80 – Mid-term Target
This aligns with a key Fibonacci retracement level and previous support-turned-resistance. If bullish sentiment sustains, ENS is likely to test this zone.
3️⃣ $60.00 – Bullish Extension Target
A psychological level that represents strong bullish continuation if ENS maintains high volumes and overall market conditions remain favorable.
🔍 Key Levels to Watch:
Support: $40.00 – Critical zone where buyers may step in to defend.
Resistance: $47.50 – Must break for upward momentum.
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