$ENS is currently showing strong technical potential on the 12H chart as it approaches a key resistance zone. With volume building and the price structure tightening, the stage may be set for a bullish continuation, but as always, confirmation is key đ
đ Key Levels to Watch
Resistance Line: ENS is approaching a descending resistance that's capped price moves recently. A clear 12H close above this level could signal momentum shifting in favor of buyers.
Support Zone: Recent higher lows suggest underlying strength and buyer interest near local dips.
đ What Traders Are Watching (For Educational Purposes)
Many traders observe setups like this where a breakout with confirmation may open the door for short-term rallies. Once the resistance line is breached with strong volume, some strategies include gradual scaling into the move while maintaining stop-loss protection.
đŻ Price Targets (Based on Structure)
Short-Term Outlook: Potential for 15%+ upside once breakout is confirmed
Long-Term Target Zone: $50+ (if broader bullish trend resumes)
𧩠Final Thoughts:
$ENS is one to keep on the radar right now. Whether you're a trend follower or a breakout watcher, the 12H chart is heating up, and the technical structure is aligning for a potential breakout move.
The crypto market thrives on momentumâjust make sure youâre moving with clarity, not hype.
