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ENS just pumped 40% to hit $24.96 today 🚀
After being trapped under a downtrend for 710 days (since Jan 2022), it finally broke through. Hit bottom at $6.65 last October, now sitting near $25—that's a 3.75x from the lows.
On-chain signals still bullish: weekly RSI above 50, uptrend intact. But here's the catch—daily chart is showing signs of exhaustion. Wave analysis suggests we might be at the end of wave 3 in a 5-wave rally, and there's already a bearish RSI divergence forming.
So realistically? Could see a 25% pullback to $18 (0.382 Fib level) before deciding if $50 is actually in the cards. Not financial advice, but watch that $25 resistance—if it cracks, next stop is unknown territory. If it bounces hard, grab your bags.