$ENS

/USDT Technical Analysis 🎯

Ethereum Name Service (ENS) has displayed robust bullish momentum today. Here’s a breakdown of its price action and potential targets:

Current Price: $35.35 (+3.73%)

Key Levels and Targets:

🎯 Target 1: $37.50 – Immediate resistance level, testing this could confirm bullish momentum. A breakout above this level may signal further upward potential.

🎯 Target 2: $40.00 – Psychological resistance and a key milestone for ENS. Sustained buying pressure could push the price toward this zone.

🎯 Target 3: $42.50 – Extended bullish target based on current market structure, achievable if the rally continues with strong volume.

Technical Indicators:

Support Zone: $32.50 – A critical level to watch for pullbacks; failure to hold this could indicate a reversal.

Volume: High trading activity with 24h volume reaching 11.97M ENS, reflecting strong market interest.

Analysis Summary

ENS/USDT is gaining momentum, supported by high trading volumes and positive sentiment. Traders should monitor these targets while keeping an eye on resistance and support zones to make informed decisions.