Technical analysis by CryptoNuclear about Symbol ENS: Buy recommendation (10/27/2025)

After months of wide consolidation, Ethereum Name Service (ENS) is once again testing one of its most critical structures — the golden confluence zone between 16.5–14.0 USDT, which has served as a major battleground between buyers and sellers since 2022. This isn’t just a price range: It’s where ENS repeatedly formed higher lows and launched new rallies. It’s also aligned perfectly with the multi-month ascending trendline, creating a high-value technical confluence. The market is holding its breath — waiting for a decisive move. --- Technical Structure & Pattern Ascending Trendline: still intact since 2023, providing medium-term bullish structure. Horizontal Support 16.5–14.0: long-term demand zone with multiple reactions in the past; a true make-or-break level. Compression Phase: price is coiling tighter against support — signaling a potential volatility expansion soon. --- 📈 Bullish Scenario If ENS manages to close above 16.5 on the weekly timeframe with a strong bullish candle (such as a pinbar or bullish engulfing), a rebound could unfold toward: Initial targets: 19.8 → 23.6 USDT Extended targets: 30.4 → 37.0 USDT This golden zone could act as a launchpad for the next major bullish leg. Long-term buyers may see this as a high-reward accumulation opportunity with limited downside risk. --- 📉 Bearish Scenario However, a weekly close below 14.0 would confirm a structural breakdown, potentially triggering a deeper move toward: Next supports: 12.0 → 9.5 USDT Extreme target: 7.5 – 6.56 USDT, the historical low on the chart. Such a breakdown would invalidate the medium-term higher-low structure and confirm full bearish control. --- Conclusion ENS stands at a technical cliff — this 16.5–14.0 zone will decide whether it marks the foundation for a new bullish cycle or the start of a major downtrend. Traders who stay patient and wait for clear weekly confirmation will find the best opportunities here — with defined risk and strong potential reward. --- #ENSUSDT #EthereumNameService #CryptoAnalysis #TradingView #SupportResistance #Trendline #Breakout #BullishScenario #BearishScenario #TechnicalAnalysis #CryptoWeekly #ENSAnalysis #CryptoChart