💎ENS has recently exhibited notable market dynamics. After experiencing a significant bounce from the demand area and facing rejection upon reaching the resistance level, the price is currently in an upward trajectory, encountering a crucial resistance zone.
💎 If ENS successfully manages to break through this resistance, there is a probability of a retracement before advancing towards our designated Bearish OB area.
💎 However, should ENS fail to breach the resistance once more, it could face a rejection, leading to a potential descent back towards the demand area, where a new momentum may be initiated.
💎 The demand area holds paramount significance, as a breakdown from this level would confirm a new lower low, indicative of a bearish trend. In such a scenario, the price could reach the Bullish OB area at 12.2.
💎 The Bullish OB area serves as the last support level for a bullish trend, necessitating a rebound and the reclamation of the price above the demand area if ENS intends to continue its upward movement. Failure to do so could result in a further breakdown, leading to a more substantial decline.
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.