$ENS /USDT - Breakdown Alert: Time to Watch for a Potential Bounce!

$ENS has recently dropped from a high of $11.56 to a low of $4.81, and is now consolidating at $6.22, down 6.33%. The current price sits near the lower end of the range, with 24-hour volume at 117,109 ENS and 758,432 USDT. Price action shows a clear bearish trend, but the market could be due for a potential bounce if it holds above $6.21. The Stochastic RSI is deeply oversold at 10.58, signaling a potential reversal if buying pressure returns. Watch for a break above $6.30 for a possible push toward $6.68. If the price drops below $6.20, expect further downside, potentially testing the $4.81 low. Keep an eye on volume—if it picks up, we could see $ENS rally again.

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