🚀 Technical analysis of the #ENSUSDT currency pair on the 4-hour timeframe 🚀

Bearish pressure 🐻

🏹 The pair has experienced a significant decline, forming the third wave within a larger impulsive wave.

Since the third wave and part of the fourth wave appear to have completed, we expect the following:

1. Completion of a corrective pattern representing the fourth wave of the current downward movement. 🔀
2. The possibility of the fourth wave forming as a double zigzag pattern, given the current wave behavior. 🔃
3. Breaking a key level to confirm the bearish outlook and continuation of the previous trend. 🔑
4. The potential downward targets for the wave range between 8.34 and 7.75. 💸💸
#NextFedChairPredictions
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