$ENJ The Liquidity Sweep is In 📉
Looking at the ENJ chart, we just hit a massive spike to $0.07100. This was a textbook "liquidity grab" to clear out late shorts before the real move down begins.
The vertical pump is losing steam, and the sell pressure is building at the top. This is where the smart money starts scaling into shorts while retail is still chasing the pump.
The Trade Setup:
Entry: Current Market Price (~$0.06847)
TP1: $0.06200
TP2: $0.05800
SL: $0.07350 (Above the recent spike)
Strategy: The RSI is overextended on the 15m and 1h timeframes. I’m expecting a fast retracement toward the previous support levels.
Click below to short now ⬇️
Looking at the ENJ chart, we just hit a massive spike to $0.07100. This was a textbook "liquidity grab" to clear out late shorts before the real move down begins.
The vertical pump is losing steam, and the sell pressure is building at the top. This is where the smart money starts scaling into shorts while retail is still chasing the pump.
The Trade Setup:
Entry: Current Market Price (~$0.06847)
TP1: $0.06200
TP2: $0.05800
SL: $0.07350 (Above the recent spike)
Strategy: The RSI is overextended on the 15m and 1h timeframes. I’m expecting a fast retracement toward the previous support levels.
Click below to short now ⬇️