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TheBuzzingBee

#ENS/USDT



Ethereum Name Service has broken out of the descending channel pattern on the 3D timeframe👀

The breakout signals the continuation of bullish momentum👨‍💻

A successful continuation could drive the price toward $30

$ENS ‌$BTC ‌$ETH ‌
ENS-3.56%
BTC-0.39%
ETH-0.82%
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HypeVaccinated
· 3h ago
The $30 target is quite reasonable, but don't forget to watch BTC's mood first; if it can't support it, it will likely surge high and then fall back.
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MildlyMEV
· 3h ago
I am also watching the 3D structure, preferably a pullback to the upper edge of the channel with increased volume before moving, which has a higher success rate.
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BlueMultisig
· 3h ago
If ETH continues to be strong, betas like ENS are likely to perform even better; conversely, if ETH pulls back, don't try to hard to hold.
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LateAlphaCourier
· 3h ago
Target 30 is okay, but I will take profits in batches, reducing some at 25-28 first, and let the rest run.
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PrivateKeyInAGlassBottle
· 3h ago
ENS storytelling is also decent; domain names, identities, and L2 ecosystems are all related. Pushing both technical and fundamental aspects to 30 is not a dream.
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Stop-LossForBluePeony
· 3h ago
The chart looks quite nice; the key now is whether it can continue to stay above the breakout level, with two more K-lines forming for better health.
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LimeLeverageAlert
· 3h ago
The three-day line breaking the downward channel is indeed strong; watch for a pullback confirmation.
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Frost-ColoredCubeCity
· 3h ago
Be cautious when chasing this position, set your stop-loss properly, and be decisive to exit when it falls back into the channel.
View OriginalReply0

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