Market Overview: ENSUSDT Faces Key Resistance as Momentum Peaks

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Tuesday, Dec 16, 2025 5:21 pm ET1min read
USDT
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ENS
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Aime RobotAime Summary

- ENSUSDT rebounded from $9.63–9.65 support, forming a bullish engulfing pattern before testing $9.88–9.96 resistance.

- RSI hit overbought levels near 80 while Bollinger Bands expanded, with price nearing the upper band at $10.05 amid rising volatility.

- A $177M volume spike at $10.03 coincided with 61.8% Fibonacci retracement, signaling short-term conviction but potential momentum divergence.

- Analysts warn of possible 24-hour pullback toward $9.88–9.91 as RSI overbought conditions and key moving averages suggest critical reversal risks.

Summary
• ENSUSDT found short-term support near $9.63–9.65 and tested resistance at $9.88–9.96.
• A bullish engulfing pattern emerged around 09:45–10:00 ET with strong volume.
• RSI entered overbought territory near 80, signaling potential short-term reversal risk.
• Volatility expanded as Bollinger Bands widened, with price nearing the upper band in late trading.
• Notional turnover surged in the 17:00 ET hour, exceeding $177M as price approached $10.03.

The Ethereum Name Service/Tether (ENSUSDT) pair opened at $9.84 on 2025-12-15 at 12:00 ET and traded as low as $9.46 before closing at $10.03 on 2025-12-16 at 12:00 ET. The total 24-hour volume was 177,802.3 units, with a notional turnover of approximately $1.78M.

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Structure & Moving Averages


Price action formed a key bullish reversal pattern near the $9.63–9.65 level on 12/16 at 04:45–05:00 ET. This level acted as a strong support, followed by a sustained rally that tested key 5-minute and daily resistance. The 20-period and 50-period moving averages on the 5-minute chart crossed into bullish alignment, while the 50-period daily MA appears to be a critical level for near-term continuation.

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Momentum and Volatility


MACD surged in the final two hours of the 24-hour window, confirming a strong upward thrust. RSI reached overbought levels near 80, suggesting a probable pullback or consolidation in the near term.
Bollinger Bands expanded significantly during the final six hours, with price reaching the upper band at $10.05, indicating rising volatility and potential for a break above or retesting of key support.

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Volume and Fibonacci Levels


Volume spiked sharply during the 17:00 ET hour, where price closed at $10.03, the highest level of the 24-hour window. This breakout coincided with a 61.8% Fibonacci retracement of the recent 5-minute swing from $9.46 to $10.05. The strong volume and price action at this level suggest short-term conviction, though divergence between volume and price may indicate waning momentum in the next session.

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Forward-Looking Observation


With ENSUSDT approaching $10.05 and RSI entering overbought territory, a pullback toward the $9.88–9.91 range could materialize in the next 24 hours. Investors should monitor the 50-period daily MA and the $9.88–9.91 consolidation zone for potential continuation or reversal signals.

Risk caveat: The market appears to be at a turning point, with rising volatility and potential for sharp corrections if key support levels are tested.