#GateSquareMayTradingShare


$ENS Moves within a wide range with a downward trend line, and recently formed a short-term upward channel pushing the price higher. Now this local structure is directly facing macro resistance, which is a key point here.

What's happening:

Price respects the lowest range (~5.3–5.4) several times
Building a higher low structure → short-term bullish pressure
But now facing a downward trend line + horizontal resistance (~6.2–6.5)

So this is a classic trend line compression against HTF resistance.
ENS-2.88%
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