$ENJ has rallied strongly toward 0.0315 but is now showing signs of exhaustion. Momentum is weakening near recent highs, and the structure indicates a potential short-term pullback. This setup favors aggressive sellers targeting trapped buyers from the recent spike.
📊 Trade Setup (Short)
Entry Zone: 0.0295 – 0.0305
Take Profit Targets:
• TP1: 0.0275
• TP2: 0.0265
• TP3: 0.0255
Stop Loss: 0.0318
📈 Market Outlook
After a strong bullish surge, $ENJ is facing resistance with lower highs forming on shorter timeframes. Volume tapering near the top signals potential distribution. A failure to reclaim 0.0300 could accelerate the downside, with key support zones at 0.0275 and 0.0265 for targets.
Buy now and trade here on $ENJ
ENJ
0.02434
-14.80%