🔴$ENJ

ENJ
ENJUSDT
0.03127
-2.28%

BEARISH SETUP: SELLING PRESSURE BUILDING

$ENJ is showing bearish signs after failing to hold above the 0.02750–0.02800 resistance zone. Price is currently testing short-term support at 0.02703, and a break below this level could trigger further downside toward stronger support zones. Technical indicators confirm weakening bullish momentum, suggesting continuation of the bearish trend.

Entry: Short below 0.02703 support

Targets:

TP1: 0.02650

TP2: 0.02600

TP3: 0.02550

Stop Loss: Above 0.02800 resistance

Risk Management: Risk 1–2% per trade; scale out partially at each target to secure profits.

#TechnicalAnalysis #BearishSetup #ENJUSDT