๐ #ENSUSDT Analysis โ Bouncing from Major Historical Support
๐ Published: April 23, 2025
๐ฐ Timeframe: 1D | ๐ Exchange: Binance
๐ Technical Overview
ENS has returned to its historical support zone (blue band) between $13โ$15 โ a level that triggered two major bullish cycles in 2024.
We're now seeing early signs of accumulation around this area again.
๐ Structure Observed:
โ Potential Double Bottom Formation
โ Price bouncing from key horizontal support
โ Macro consolidation range still intact
๐ป Panic Level (Invalidation Zone)
๐ Break Below $11.00
Losing this support could trigger a sharp dump back toward $6.66 โ last known deep correction level.
๐ฏ Upside Targets (If Rebound Holds):
TP1: $21.18
TP2: $33.22
TP3 (Cycle Peak): $35.87
๐ฉ A full bounce from here toward previous highs gives potential gains of +100% to +200%.
๐ง 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.
๐ก DCA strategy might be optimal at this zone, with tight stops under the blue band.
๐ Breakdown = Step aside and re-evaluate.
๐ฃ Whatโs Next?
Watch for volume spikes and structure reclaim above $18โ$21. Those zones will act as early confirmation that bulls are serious.
๐ข 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.
๐we ask Allah reconcile and repay๐
๐ Published: April 23, 2025
๐ฐ Timeframe: 1D | ๐ Exchange: Binance
๐ Technical Overview
ENS has returned to its historical support zone (blue band) between $13โ$15 โ a level that triggered two major bullish cycles in 2024.
We're now seeing early signs of accumulation around this area again.
๐ Structure Observed:
โ Potential Double Bottom Formation
โ Price bouncing from key horizontal support
โ Macro consolidation range still intact
๐ป Panic Level (Invalidation Zone)
๐ Break Below $11.00
Losing this support could trigger a sharp dump back toward $6.66 โ last known deep correction level.
๐ฏ Upside Targets (If Rebound Holds):
TP1: $21.18
TP2: $33.22
TP3 (Cycle Peak): $35.87
๐ฉ A full bounce from here toward previous highs gives potential gains of +100% to +200%.
๐ง 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.
๐ก DCA strategy might be optimal at this zone, with tight stops under the blue band.
๐ Breakdown = Step aside and re-evaluate.
๐ฃ Whatโs Next?
Watch for volume spikes and structure reclaim above $18โ$21. Those zones will act as early confirmation that bulls are serious.
๐ข 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.
๐we ask Allah reconcile and repay๐
Note
+20% Since sharing Analysis is still valid!๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
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.
๐ Be a trader, not a gambler, by following risk/capital management!!
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
๐Get Your Discount Today! (Limited offer)
t.me/PCS_Signals_Results/6922
We ask Allah reconcile and repay โค๏ธ๐
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.