$ENS 📈
#ENSUSDT Analysis — Bouncing from Major Historical Support
🗓 Published: April 23, 2025
🕰 Timeframe: 1D | 📊 Exchange: Binance
🔍 Technical Overview
ENS has returned to its historical support zone (blue band) between $13–$15 — a level that triggered two major bullish cycles in 2024.
We're now seeing early signs of accumulation around this area again.
📌 Structure Observed:
✅ Potential Double Bottom Formation
✅ Price bouncing from key horizontal support
✅ Macro consolidation range still intact
🔻 Panic Level (Invalidation Zone)
📉 Break Below $11.00
Losing this support could trigger a sharp dump back toward $6.66 — last known deep correction level.
🎯 Upside Targets (If Rebound Holds):
TP1: $21.18
TP2: $33.22
TP3 (Cycle Peak): $35.87
🟩 A full bounce from here toward previous highs gives potential gains of +100% to +200%.
🧠 Strategy Insight
ENS is reacting well from a long-term accumulation base. If BTC maintains structure and alt rotations begin, ENS could rally hard from here.
💡 DCA strategy might be optimal at this zone, with tight stops under the blue band.
📉 Breakdown = Step aside and re-evaluate.
🗣 What’s Next?
Watch for volume spikes and structure reclaim above $18–$21. Those zones will act as early confirmation that bulls are serious.
📢 High time-frame support. Clean structure. Risk-defined zone. ENS may be quietly preparing a big move.
Please keep in mind that this is not financial advice and the purpose of these charts is to provide an idea of coin movement, not buy or sell signals. The cryptocurrency market is highly volatile and not suitable for everyone, so be aware of the potential risks before making any investment decisions. The information presented here is a personal effort and is subject to success or failure, and we welcome constructive criticism.
Good luck to all.