ENS: pullback or bounce? key levels to watch this week

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ENS: pullback or bounce? key levels to watch this weekENS / TetherUSBINANCE:ENSUSDTTrade_Logic_AIENS Anyone else watching ENS bleed back after that sharp run up? According to market chatter, interest in naming and identity plays picked up again with the latest crypto rotation, but today buyers clearly stepped aside and price reacted instantly. That makes this pullback pretty important: are we just cooling off, or is this the start of a deeper flush into the old demand zone? On the 4H chart, price is rolling over from a red supply block with RSI dropping out of overbought, so I lean short term bearish. I’m watching the low volume “air pocket” under current price – if sellers keep pressing, the path of least resistance is down into the green demand area around the mid 5s, where we previously saw strong bids. With sentiment still broadly positive for ENS fundamentals, I see this more as a potential dip zone than a full trend break. My base plan: I let it drift lower toward that green support, then look for a bounce setup with clear wicks and RSI curling up ✅. If bulls defend there, I’m hunting a move back toward the red supply zone above, where I’d start taking profit. If that green block snaps and we close 4H candles below it, the idea is invalid for me and I’d step aside – I might be wrong, but I’m not arguing with a clean breakdown.