$ENS Breakout Alert — Smart Money Is Buying Not Selling
Volume is exploding, and the trend has officially flipped to the upside. If you are looking for a short entry here without confirmation, you are fighting a massive bullish wave.
Technical Analysis:
ENS/USDT is showing incredible strength, up +27% at 1.56. The Daily chart shows a massive breakout candle with significant volume backing the move. Breaking past the 1.50 psychological barrier is a key bullish signal. The price is well above all moving averages (MA7, MA25, MA99), confirming a strong uptrend. The next major resistance visible on the daily timeframe is the previous wick high around 2.23.
Trade Setup (Long on Dip):
Entry: Look for entries around 1.48 - 1.52 (Retest of breakout zone).
Stop Loss: 1.38 (Below consolidation support).
Take Profit: 1.85 and 2.20.
Final Decision:
BULLISH. The momentum is too strong to ignore. Buy dips.
Confidence Level:
High $BNB