ENS Bulls Poised for Action : Can They Break Key Resistance?
#ENS/USDT #ENSUSDT #ENS #BinanceSquareFamily
Current Status :
ENS/USDT has hit ascending resistance, pausing its bullish momentum. However, a retest of its 324-day breakout range between $29.25 - $27.70 signals strong potential for further upside.
Key Levels :
Support : $29.25 - $27.70 (primary foundation), $43.60 (moderate support).
Resistance : $44.30 (short-term target), $48.50 - $52.50 (major hurdle for bullish continuation).
Bullish Signals :
Golden Cross Formation strengthens support.
A breakout above $52.50 could unlock hyper-bullish momentum.
Pro-Tip :
Buy near $29.25 - $27.70, aim to take profits at $44.30 and $48.50, holding some for a potential breakout.
Conclusion :
ENS shows a promising setup, but patience is key. Watch for a decisive move above $52.50 to confirm the next bullish wave. Set tight stop-losses to manage risk.