bullish

Rose

Resistance

<ul class="wp-block-list">
 <li>ENS price nears the $34 support zone, showing signs of a possible upward trend toward $69.&nbsp;&nbsp;</li>  
 <li>Buyers aim to target $52.99 and $61.45 as key milestones before reaching the $69.08 breakout point.&nbsp;&nbsp;</li>  
 <li>Traders are advised to set stop-loss levels below $29.50 to limit risks while monitoring a bullish rebound.&nbsp;&nbsp;</li> 
</ul>  
<p>The ENS/USDT price is approaching a<a href="https://cryptonewsland.com/xrp-price-correction-reveals-key-levels-for-big-moves-ahead/" target="_blank" rel="noopener noreferrer nofollow"> key Fibonacci Buy Zone</a> between $37.61 and $34.03, presenting an ideal opportunity for buyers. Analyst Rose Prer&nbsp; highlights that if the price rebounds from this area, it could target higher levels. Immediate resistance sits at $52.99, while the next key barriers are at $61.45 and $69.08. Traders planning to enter should consider placing a stop-loss below $29.50 to limit potential risks.&nbsp;&nbsp;</p>  
<figure class="wp-block-image"><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXclyBfQuCcJ6nxjYBKaYsWGHgUhfecmrLn9yMkeVN1v92sTK4W_eoZf8bCyCeYFVGDZ5c2k8U6u-CyPikrFlB2aif4r0lBWbLijbr0Jo87JxPYnebQianOWaTpMlh10EefgAu-2?key=gcyFnvlvFsAr3yUgLRd-O3iU" alt="">
</figure>  
<p>Source<a href="https://x.com/VipRoseTr/status/1868694993910579572" rel="noopener noreferrer nofollow"><em>: Rose Premium Signals</em></a></p>  
<h2 class="wp-block-heading" id="h-ens-price-eyes-fibonacci-buy-zone-nbsp-nbsp"><strong>ENS Price Eyes Fibonacci Buy Zone&nbsp;&nbsp;</strong></h2>  
<p>The current chart shows ENS retracing toward the 0.618 Fibonacci level at $37.61 and the 0.786 level at $34.03. These two price zones often act as strong support areas where buyers usually step in to reverse momentum. A bounce from this range could create a bullish setup as the risk-to-reward ratio becomes more favorable.&nbsp;&nbsp;</p>  
<p>Moreover, traders tracking these levels are waiting to see if buyers will gain control. Once prices hold above this zone, the trend could shift upward. A breakout from this area would strengthen bullish momentum and allow ENS to push toward its next resistance targets.&nbsp;&nbsp;</p>  
<h2 class="wp-block-heading" id="h-key-resistance-levels-to-watch-nbsp-nbsp"><strong>Key Resistance Levels to Watch&nbsp;&nbsp;</strong></h2>  
<p>If ENS rebounds, it will face immediate resistance at $52.99. Breaking above this level is critical for signaling further upside movement. Once the price clears this point, it could gain strength to test $61.45.&nbsp;&nbsp;</p>  
<p>The final target sits at $69.08, where traders could expect some profit-taking. These resistance levels give a clear roadmap for traders watching ENS price action closely.&nbsp;&nbsp;</p>  
<h2 class="wp-block-heading" id="h-managing-risks-and-entry-points-nbsp-nbsp"><strong>Managing Risks and Entry Points&nbsp;&nbsp;</strong></h2>  
<p>For traders planning to enter the market, managing risks remains a priority. Analyst Rose Prer recommends a stop-loss below $29.50 to protect positions from downside pressure. This strategy allows traders to balance risk and reward while maintaining clear entry and exit points.&nbsp;&nbsp;</p>  
<p>The <a href="https://cryptonewsland.com/algorand-grows-tron-prices-show-strength-while-altcoin-top-performing-crypto-nears-600m-in-seed-round/" target="_blank" rel="noopener noreferrer nofollow">current price action suggests</a> that ENS is nearing a turning point. If prices hold near $34.03, a bullish breakout could follow, pushing the price closer to the $69.08 upper target. Traders will be watching this area to see how the next move develops.&nbsp;&nbsp;</p>   
<p>The post <a href="https://cryptonewsland.com/ens-price-nears-34-zonebuyers-eye-breakout-to-69/" rel="noopener noreferrer nofollow">ENS Price Nears $34 Zone:Buyers Eye Breakout to $69&nbsp;&nbsp;</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

ENS Price Nears $34 Zone:Buyers Eye Breakout to $69

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