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Ensusdtsignal

ENS Price Action: Rebound Imminent or Bearish Freefall?Yello, Paradisers! Is #ENSUSDT gearing up for a significant rally, or are we looking at a bearish breakdown? Let’s take a closer look at what the charts are telling us. 💎#ENS seems poised to retest its support level before potentially continuing its upward movement. A breakout above the minor resistance could spark a strong rally, with the price likely heading toward the next key target at the strong resistance area. 💎However, there’s a risk to watch out for. If ENS fails to rebound and breaks below the support zone, the price could head lower, potentially hitting the bullish order block or demand area. This region is crucial for maintaining a bullish structure. If ENS manages to reclaim support around the $32 mark, there’s a good chance of a rebound and resumption of the upward move. 💎On the flip side, if the daily candle closes below this area, it would signal a bearish invalidation. In that case, we could see a deeper dip, with ENS entering a completely bearish phase and continuing its downward trajectory. Stay disciplined, trade smart, and let’s navigate this market with a professional mindset! MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
1
ENS/USDT Break down the support, Potential visit on Bullish OB!💎 Paradisers, #ENS has recently undergone notable market dynamics. After breaking down the support level, it has transformed into a resistance zone. 💎 If #ENS fails to reclaim the price above this resistance, there's potential for further downward movement, with the next likely target being the Bullish OB area. 💎 However, if #ENS successfully reclaims and breaks out above the resistance level once more, there's potential for the price to revisit the key resistance area. A subsequent breakout above this level could pave the way for a move toward our target at the Bearish OB and supply zones.
by MyCryptoParadise_Nathan