$ENJ /USDT SHORT

Current Price: 0.02693 USDT

Trade Setup

Entry Zone: 0.02680 – 0.02700

TP1: 0.02550

TP2: 0.02400

TP3: 0.02250

Stop Loss: 0.02850

Leverage: 3x–5x max ⚠️

Logic / Why Short?

Extreme pump (+41%) → strong chance of profit-taking and sharp pullback.

Price near resistance zone → 0.02750–0.03000 is immediate selling area.

Volume spike suggests distribution → buyers may be trapped near top.

Higher timeframe trend still weak → long-term structure remains bearish.

Short-term rejection already visible → early sellers entering market.

Key Levels

Resistance: 0.02750 – 0.03000

Major Resistance: 0.03200 – 0.03500

Support 1: 0.02550

Support 2: 0.02400

Major Support: 0.02250

Entry Confirmation ✅

Enter only if:

rejection candle appears near 0.02700

volume drops during upside move

price fails to hold above 0.02680

lower highs form on 15m / 1h chart

Risk Management 🛡️

Partial profit at TP1

Move SL to entry after TP1

Exit if candle closes above 0.02850 with strong volume

Important Note

After a +40% pump, volatility stays very high — avoid oversized positions ⚠️📊

Team Work 👍

$ENJ $BTC

ENJ
ENJUSDT
0.05645
-26.92%

#SECClarifiesCryptoClassification #astermainnet #MarchFedMeeting #AI