$ENJ Power Surge or Pause Before the Next Leg?
ENJ is trading at $0.1102, posting a massive +66% daily move. Price is currently consolidating just below local resistance after a vertical rally, hinting at either further continuation or a short-term cooldown.
Key Levels to Watch
• Resistance: $0.1126 – A break above this could push price toward $0.1180 and $0.1235.
• Support: $0.1060 – Losing this may invite a pullback to $0.1000 and possibly $0.0950.
Trade Setup – Breakout or Cool-Off?
• Bullish Entry: Above $0.1126
• TP1: $0.1180
• TP2: $0.1235
• Bearish Entry: Below $0.1060
• TP1: $0.1000
• TP2: $0.0950
Stop-Loss: Consider dynamic stops just under/above your breakout zone to stay protected from volatility during this extended move.