iiarvm

ENS USDT long position

Long
BINANCE:ENSUSDT   ENS / TetherUS
Observing the current market dynamics, it is evident that the price has recently breached a significant resistance area. Presently, it is in the process of completing a pullback to that same area. Notably, there is a robust order block situated within this region, emphasizing its strategic importance. Furthermore, the 0.5 Fibonacci retracement level coincides with this area, adding another layer of significance. Considering these factors, my expectation is for a potential increase in price.
please follow and support for more analyses

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.