$ENJ is currently trading at approximately $0.067–$0.073 (up 40–55%+ in the last 24 hours), with massive 24-hour volume spikes (often 20x normal, exceeding $500M in some reports) and extreme volatility (24h range up to 70%+).6ce5238bc1f6f5251e
This is a classic short squeeze + GameFi rotation play. $ENJ broke out of a months-long downtrend/falling channel on high volume and positive momentum indicators (RSI strongly bullish but entering overbought territory >70). Support sits around $0.03–$0.05; resistance near $0.08–$0.10 short-term. Longer-term technicals show a double-bottom recovery pattern targeting higher if the breakout holds.2ccd783ae242
The gap is impossible to ignore — recent charts show a sharp gap-up move (visible on 4H/daily timeframes around mid-April) driven by explosive buying and futures open interest. This kind of unfilled gap signals strong conviction and often precedes continuation (or a measured pullback to test the gap later). Recent X sentiment is bullish, with traders eyeing $0.08–$1.0 targets on confirmation.6126e2
Here are the latest charts showing the surge and the gap:
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