🚨 $ENS Trade Signal - 15-Minute Chart Analysis 🚨
Current price: $44.37
Change: +4.47%
24H high: $44.41
RSI: 78.3 (overbought)
📈 Long Signal: Bullish Scenario
Entry: $44.41 (upon breakout confirmation)
Targets:
$44.50
$44.80
$45.00
Stop loss: $43.50
Technical outlook:
ENS is showing strong bullish momentum with steady buying pressure. If price holds above immediate support at $43.90 and breaks decisively above $44.41, it could trigger further upside toward $45.00. Watch for sustained volume and confirmation of the breakout.
📉 Short Signal: Bearish Scenario
Entry: $43.80 (if price fails to hold $43.90 support)
Targets:
$43.50
$43.20
Stop loss: $44.50
Technical outlook:
With RSI at 78.3 indicating overbought conditions, there's potential for a retracement. A failure to sustain above $43.90 could lead to profit-taking, driving the price toward $43.50 or lower.
⚠️ Key Levels to Watch
Resistance: $44.41, $44.50, $44.80
Support: $43.90, $43.50
Risk management: Stick to stop-loss levels to manage potential downside risk, and monitor for any shift in momentum.