#ENS / USDT
The EENS/USDT pair is currently trading at $35.54. The price is moving within a downward channel after a strong bullish rally, approaching critical support levels. The first support is at $37.50, which could see a rebound if the price holds above this level. Meanwhile, $26.75 represents a key support level based on Fibonacci retracement, making it a crucial area for determining the next move. If this level is breached, the price may drop further to $18.44, the final major support, and breaking it would signal a continued bearish trend.
The EENS/USDT pair is currently trading at $35.54. The price is moving within a downward channel after a strong bullish rally, approaching critical support levels. The first support is at $37.50, which could see a rebound if the price holds above this level. Meanwhile, $26.75 represents a key support level based on Fibonacci retracement, making it a crucial area for determining the next move. If this level is breached, the price may drop further to $18.44, the final major support, and breaking it would signal a continued bearish trend.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.