ENSUSDT A bullish signal appears on the chart, opening a good upside potential of 70%
The price forms a wedge on the chart, in a moment from the middle of May the price could not break through the support of 7.45. Gradually rising lows are forming, indicating the formation of a strong support zone. Since December 31, when the cryptocurrency market started to revive, the price has strengthened by 60% and a few days ago ENS breaks through the key resistance.
I assume, since after the breakout the price forms a consolidation above the previously broken boundary, we have the potential to open long positions. The short-term target is resistance at 18.23, the medium-term target is 20.08 and 26.85.
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