🧠 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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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.