ENSUSDT Triangle Breakout and 90% Growth Potential
Exciting news on the charts for ENSUSDT!
So, after what feels like ages, we finally saw ENSUSDT break free from its year-long downtrend trendline. Price then went on to form a Symmetrical Triangle pattern, and at the start of this month, we witnessed the breakout above the triangle, accompanied by a brand-new higher high.
Now, what does all this mean? Well, it's screaming bullish vibes! The persistent bullish pressure we're seeing strongly hints at an ongoing uptrend. And if we take a look at the initial upside move, we can make a pretty educated guess about what comes next.
Based on the strength of the first wave, it's entirely possible that our next upside target could hit around $44. It conveniently lines up with the 161.8% Fibonacci retracement level.
It looks like we're in for quite the ride with ENSUSDT!
So, after what feels like ages, we finally saw ENSUSDT break free from its year-long downtrend trendline. Price then went on to form a Symmetrical Triangle pattern, and at the start of this month, we witnessed the breakout above the triangle, accompanied by a brand-new higher high.
Now, what does all this mean? Well, it's screaming bullish vibes! The persistent bullish pressure we're seeing strongly hints at an ongoing uptrend. And if we take a look at the initial upside move, we can make a pretty educated guess about what comes next.
Based on the strength of the first wave, it's entirely possible that our next upside target could hit around $44. It conveniently lines up with the 161.8% Fibonacci retracement level.
It looks like we're in for quite the ride with ENSUSDT!