$ENJ /USDT — Momentum Exhaustion

Massive impulse move followed by immediate rejection at the highs. Price is now struggling to hold — signs of exhaustion are clear.

Position: Short

Entry Zone: 0.0280 area

Invalidation: 0.0315

Targets:

0.0255 → 0.0235 → 0.0215

Read on Chart:

Vertical breakout (overextended move)

Long upper wick (strong selling pressure)

Weak continuation after spike

As long as price stays below the high, downside pressure remains dominant.

ENJ
ENJ
0.03582
+13.64%