$ENS has shown a sharp push higher from the mid-range, followed by immediate hesitation near the top. After this impulsive move, price is now stalling and printing smaller candles, suggesting momentum loss and early distribution. The structure reflects a short-term blow-off, where buyers are struggling to sustain pressure and sellers are beginning to absorb the upside.
Price is currently trading just below a local supply zone, with repeated failures to hold above the recent high. This rejection behavior indicates trapped longs at the top, while liquidity is clearly resting below the current range. As volatility compresses after the spike, the probability of a pullback increases rather than continuation.
Support and resistance are clearly defined.
On the upside, strong resistance sits around 9.65–9.80, which marks the rejection area of the latest push. A higher resistance zone is located near 10.10–10.30, the upper boundary where aggressive selling previously appeared.
On the downside, first support lies around 9.30–9.40, a key reaction zone from the prior base. If that level fails, the next major support is around 8.90–9.00, where deeper liquidity and stronger reactions are expected.
Overall structure favors a corrective move lower rather than sustained upside.
Short Trade Signal
Margin: 20x – 50x (Cross)
Leverage: 20x – 50x
Entry 1: 9.60
Entry 2: 9.85
Take Profits:
TP1: 9.30
TP2: 8.95
Or Take Profit from 100% to 300%
Stop Loss:
* 10.35
Short
#ENS Here 👇🏻👇🏻