Technical analysis by Traders_Notes about Symbol ENS: Buy recommendation (6/9/2025)
https://sahmeto.com/message/3591799

🧠 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.
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Signal Type: Buy
Time Frame:
1 weekProfit Target:
$47Stop Loss Price
$21Price at Publish Time:
$21.89