$ENS / USDT – Analysis

ENS is showing a strong bearish impulse move, breaking down from the 10.60 area and selling straight into 9.58 support. The speed of the drop indicates heavy distribution rather than a healthy pullback.

After touching 9.58, price is attempting to stabilize, but the structure remains bearish. Current price action looks like bearish consolidation, not a confirmed bottom. For any meaningful trend change, ENS must reclaim 10.00+ and hold above it. Until then, rallies are likely to be sold into.

If 9.58 fails, downside risk increases significantly.

ENS

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