📊NEUTRAL: $ENS (3D)

#ENSUSDT | #ENS | #EthereumNameService

Current Price $34.07

Market Cap $1.13B

Change 1h -3.09% | 24h +31.66%

Current Indicators:

• RSI: 78 - Overbought 🟢

• MACD: 2.75 - Bullish 🟢

• EMA: 20 - Trading Above 🟢

Analysis:

ENS is seeing slowing momentum after a recent spike, likely due to the control exerted by its protocol token on pricing decisions. The chart shows a pattern of highs followed by consolidation, typical of a market reassessing value after rapid growth.

Price Targets:

Currently at $34.54, ENS could test resistance at $39.38 and $48.73 if bullish momentum resumes. If it breaks through, reaching $57.89 could be on the cards. On the downside, support is around $31.83 and possibly $23.61 if bearish trends strengthen.