ENS just hit $24.96 today—a full 40% pump in two days. After getting crushed to $6.65 back in October 2023, it finally broke free from a 710-day descending resistance line that's been capping it since early 2022.

Technically speaking? Weekly RSI is above 50 and climbing, which usually signals bulls still got juice. But here's the thing—daily chart's showing signs of a local top brewing. Wave count suggests ENS is deep in wave 3 of a five-wave rally (already 4.61x the size of wave 1), which is typically where extensions peak out. Plus there's a nasty bearish RSI divergence on the daily.

Bottom line: If we see a pullback, watch the $18 level (0.382 Fib retracement). That's roughly a 25% correction from here. Some traders are already joking about an "ENS ETF" dropping soon, but let's pump the brakes—this looks like it could be hitting resistance soon.