MyCryptoParadise_Simon

ENS/USDT Assessing Breakout Potential at Key Resistance?๐Ÿš€ENS

Long
BINANCE:ENSUSDT   ENS / TetherUS
๐Ÿ’Ž Paradisers, let's zoom in on #ENSUSDT, which is currently showcasing a captivating market scenario. It is actively testing a critical resistance level, hinting at a possible breakout and subsequent bullish move.

๐Ÿ’Ž #EthereumNameService is in the spotlight, rigorously testing the resistance at $10.80 for the third time. This consistent pressure at the resistance level significantly increases the likelihood of a breakthrough. If ENS successfully overcomes this barrier, it could embark on a bullish journey, setting its sights on the higher resistance target at $14.89.

๐Ÿ’Ž However, the ever-volatile crypto market demands versatility in our strategies. Should #ENS struggle to conquer the $10.80 resistance, we might need to shift our tactical approach. This could involve gearing up for a bullish recovery from the Bullish Order Block (OB) at $8.28. It's crucial to stay alert: a descent below this OB level might suggest a brewing bearish trend in the market. ๐ŸŒด๐Ÿ’ผ
Trade closed: target reached:
๐Ÿ’Ž Just as predicted, #ENSUSDT up a smooth 107.42%!
Comment:

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