$ENJ /USDT (Enjin Coin) on the 1W timeframe, which shows a historic perspective. Here's a breakdown of the long-term outlook based on the levels you've shared:

Current Price:

0.0776 USDT

Still deeply suppressed compared to the historical high at 4.8450 USDT — down ~98.4% from ATH.

Major Technical Levels (Weekly):

Support Zones:

0.0550–0.0322: Historical accumulation zone, potential bottoming area.

0.0250–0.0180: Extreme long-term support (COVID lows and listing-era range).

0.0125: Absolute floor — if this breaks, the project is in severe decline.

Resistance Zones:

0.1200–0.1700: First major breakout challenge — aligns with 2022 breakdown levels.

0.2500–0.3500: Mid-2021 support turned resistance.

0.5500–0.8000: Key zone where previous uptrend paused.

1.20+ and above: Bull market targets only if the macro sentiment drastically improves.

Long-Term Outlook:

Recovery Scenario: If ENJ reclaims 0.120–0.170 with strong volume, this could trigger a longer-term reversal.

Risk Scenario: Losing 0.0550 support could expose price to retesting 0.032–0.018 zones.

Would you like a long-term chart snapshot or potential DCA strategy suggestion for ENJ?

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