🧠 Context:
▪️ A "cup and handle" formation is developing — a classic bullish continuation structure.
▪️ Price is consolidating just below the upper channel resistance, forming a local bull flag.
▪️ ENS may follow ETH’s movement — or even outperform — due to its lower liquidity, offering potentially greater upside.
📌 Key Notes:
▪️ A breakout and hold above the $27–$30 zone could trigger a strong move.
▪️ Target levels from the structure point toward the $47+ area.
✅ Conclusion:
ENS is shaping up as a high-reward candidate. With accumulation underway, limited liquidity, and a textbook cup & handle setup, this altcoin might be preparing for a major leg up — especially if ETH leads the way.
▪️ A "cup and handle" formation is developing — a classic bullish continuation structure.
▪️ Price is consolidating just below the upper channel resistance, forming a local bull flag.
▪️ ENS may follow ETH’s movement — or even outperform — due to its lower liquidity, offering potentially greater upside.
📌 Key Notes:
▪️ A breakout and hold above the $27–$30 zone could trigger a strong move.
▪️ Target levels from the structure point toward the $47+ area.
✅ Conclusion:
ENS is shaping up as a high-reward candidate. With accumulation underway, limited liquidity, and a textbook cup & handle setup, this altcoin might be preparing for a major leg up — especially if ETH leads the way.
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.