Market Overview for Ens (ENSUSDT): 24-Hour Technical Summary (2025-08-26)

• Ens traded in a downtrend for most of the session but saw a late rebound in the final 6 hours.
• A bullish reversal pattern formed as price broke above 23.80 on increasing volume.
• RSI approached oversold territory, suggesting potential for near-term buying interest.
• Volatility remained elevated in the second half of the session with volume surging past $300k in several 15-minute intervals.
• Bollinger Bands showed expansion in the final hours, signaling increased uncertainty and potential range breakouts.

Market Overview

Ens (ENSUSDT) opened at $24.62 on 2025-08-25 at 12:00 ET and hit a session low of $23.40 before recovering to close at $23.72 at 12:00 ET on 2025-08-26. The price action showed strong bearish bias early, followed by a gradual recovery in the last 6 hours of the session. Total volume across 24 hours was 266,474 contracts, translating to approximately $6.41 million in turnover, with the largest volume clusters appearing between 20:15 and 21:45 ET on 2025-08-25, and again from 00:00 to 02:30 ET on 2025-08-26.

Structure & Formations

Price formed a classic bearish trend from 24.65 down to 23.40 over a 7-hour period, but reversed with a bullish engulfing pattern from 23.40 to 23.85 between 02:00 and 05:00 ET. A small doji appeared at 04:45 ET, signaling indecision. Key support levels were tested at 23.40, 23.60, and 23.75, with the last showing a partial rejection and a potential near-term floor.

Moving Averages

On the 15-minute chart, the 20-period MA dipped below the 50-period MA in the early bearish phase, but the 20 MA has since crossed back above the 50 MA, indicating a potential shift in momentum. The 50-period MA is currently around 23.78, suggesting a potential pivot point for the near term. On the daily chart, the 50-day MA remains above the 100-day and 200-day MAs, indicating a longer-term bullish trend.

MACD & RSI

The MACD line crossed above the signal line in the early morning hours on 2025-08-26, confirming the bullish reversal. The RSI reached a low of 28.3 in the early session, indicating oversold conditions and potentially setting the stage for a rebound. RSI has since moved into neutral to slightly bullish territory, hovering around 49–53 for much of the session.

Bollinger Bands

Volatility expanded significantly during the late rebound, with price bouncing off the lower band in the morning and rising into the middle band range in the afternoon. The bands remained relatively wide, suggesting ongoing uncertainty. Price has remained in the central to upper half of the bands in the final hours, signaling potential consolidation or another breakout.

Volume & Turnover

Volume increased dramatically during the 00:00–02:30 ET rebound phase, with turnover exceeding $300,000 in several 15-minute intervals. This volume increase was accompanied by price action confirming the bullish reversal. Divergences were not observed between price and volume, suggesting the move is supported by conviction.

Fibonacci Retracements

Applying Fibonacci to the 15-minute swing from 24.70 to 23.40, the 61.8% retracement level is around 23.85–23.87, where price found initial resistance on the rebound. This level acted as a temporary ceiling in the early part of the afternoon. On the daily chart, the 38.2% retracement level is around 23.75–23.80, which appears to have acted as a psychological support.

Over the next 24 hours, Ens may test the 23.85–24.00 range, with the 23.75 level still a key support to watch. A break above 24.05 could confirm a stronger bullish bias, while a retest of 23.40–23.50 could trigger further bearish pressure. Investors should remain cautious due to the high volatility and the possibility of sharp corrections.