🚨 $ENJ Long Strategy: The Kallang Upgrade Snipe
Entry Zone: $0.0585 – $0.0610 (MA-99 Support / 0.5 Fib Retrace)
TP1: $0.0735 (0.618 Golden Pocket / Local Resistance)
TP2: $0.0850 (Prior Structural Breakdown Zone)
TP3: $0.0965 (April Cycle High Re-test)
Stop Loss: $0.0545 (Hard exit below the recent liquidity sweep)
Trade Logic:
ENJ is undergoing a necessary "cooling period" after extreme overbought conditions (RSI hit 95 earlier this week). We are now entering a high-probability "Buy the Dip" zone at the MA-99 ($0.058). With the Kallang Upgrade introducing sENJ conviction voting and governance fixes next month, the fundamental narrative remains strong. I am sniping a long entry here, betting on a relief rally toward the $0.073 resistance. If we hold this floor, the path to a secondary expansion leg is wide open.
#ENJ #Enjin #TalhaSniper #BinanceSquare #GameFi
