🚀 ENS is on fire, gaining 38% in a week and nearly 20% in 24h. The rally follows Coinbase Germany's ENS listing and a 157% spike in derivatives volume, putting bulls firmly in control.
📊 Open interest is surging, nearing $120M — its highest since early 2024. This confirms that fresh capital is flowing in, supporting the rally beyond short-term hype.
📈 Technically, ENS has broken past $25 resistance, with rising volume and a close above the 200-day EMA ($20.85). Bollinger Bands are widening, hinting at strong bullish momentum.
🔼 Next resistance lies at $27.71, and if broken, price could retest $37.91, a level seen during 2023 highs.
🔽 Support now sits at $24.24. A failure to hold may lead to a deeper pullback toward $18.30 — but for now, bulls remain in charge.
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