ENS is perched just above its recent 4‑hour swing low, holding the bullish order block. A surge in buying volume is pushing it toward the next resistance.
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$ENS LONG 📈
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📍 Entry Range: $5.9440 – $5.9559
🛑 Stop Loss: $5.7715 (-3.0%)
🎯 TP1: $6.0393 (+1.5%)
🏆 TP2: $6.2475 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 64%
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A bullish change of character broke the downtrend, delivering a CHoCH as CVD flipped positive, confirming demand. The entry sits inside a fair value gap that overlaps a strong order block, forming a POI where the OB and FVG intersect, and a liquidity sweep wiped out downside orders. Higher lows and a fresh swing high now frame the upside path.
A 3 % stop is tight, so stay at or below 5× leverage to keep risk in check.
Consider scaling out half the position at TP1 to lock in the first leg of the R/R.
As always: manage your risk, this is not financial advice 🙏
$ENS #ENSUSDT #NIL #TradingSignals #Write2Earn