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$ENJ

ENJ
ENJ
0.06484
+5.67%

USDT BULLISH MOMENTUM BUILDING WITH BREAKOUT POTENTIAL

The chart structure shows a strong upward move after a sharp recovery from the recent low, indicating aggressive buying pressure. Price is forming higher highs and higher lows on lower timeframes, signaling continuation strength. The recent push toward the 24h high suggests bulls are attempting to establish control, with volume expansion supporting the move.

A minor consolidation near resistance reflects accumulation before a possible breakout. If momentum sustains, the pair is likely to retest and break above the recent high zone.

LONG ENTRY: Above 0.07220

TP1: 0.07550

TP2: 0.07900

TP3: 0.08350

SL: 0.06780

Alternatively, if price fails to hold structure and breaks down:

SHORT ENTRY: Below 0.06750

TP1: 0.06400

TP2: 0.06050

TP3: 0.05700

SL: 0.07120

Risk Management: Use proper position sizing, risk only 1-2% of capital per trade, and avoid overleveraging in volatile conditions.

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