$ENJ is showing signs of exhaustion after a prolonged sell-off from the highs.
Structure is compressing at the lows — buyers stepping in as selling pressure fades.
Trade Setup:
Entry Point: $0.05761
Target Point: $0.10339
TP1: $0.06490
TP2: $0.07510
TP3: $0.08531
Stop Loss: $0.05702
Price dropped aggressively from $0.10339 in a steady staircase sell structure clearing all liquidity on the way down. The low at $0.05702 marks the key level where buy-side absorption is now visible. Volume has collapsed significantly signaling the sellers are nearly done. Structure needs to reclaim $0.06490 to confirm the reversal is underway.
Let's go and Trade now $ENJ
ENJ
0.0627
+4.36%