ENS is currently exhibiting a bullish structural shift on the 1-hour chart. After finding a floor near 5.58, the price has surged to reclaim all major moving averages, signaling a return of buyer interest in the infrastructure sector.
Current Price 5.94
Support Zone 5.82 to 5.89
Target 1 TP 6.09
Target 2 TP 6.30
Stop Loss SL 5.75
Suggestion
The price has successfully flipped the MA99 (5.82) and MA25 (5.89) into support levels. While there is a slight rejection at the recent 24-hour high of 6.09, the technical setup remains positive as long as the price stays above 5.89. Look for a consolidation phase before a potential breakout toward the 6.30 mark.