ENS’s Long/Short ratio stands at 0.8034, indicating a bearish market sentiment with shorts outpacing longs. Despite a 3.5% price increase, ENS currently trades at 27.80 USD, struggling against selling pressures.
After hitting a peak of 29.93 USD, ENS is now testing its local support of 28 USD and could face an 8% decline, targeting the 25.20 USD level unless it reclaims strength above 30.20 USD.
Investor activity surged with an 85% increase in trading volume, reflecting high engagement even amid price corrections. A strong bullish scenario requires closing above 30.20 USD, which could lead to gains of 25% up to 37.90 USD.
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