$ENJ /USDC – LOWER HIGH FORMED, SHORT SETUP ACTIVE BELOW EMAS

REJECTION NEAR $0.0661 UNDER EMA99

BEARISH CANDLE BREAKING BELOW EMA25

WEAK STRUCTURE WITH DOWNSIDE PRESSURE RETURNING

$ENJ /USDC failed to break through the $0.0671 resistance and EMA99 cap. After multiple failed attempts, the price has now closed below the 7 and 25 EMAs, indicating bearish continuation.

🔴 SHORT TRADE SETUP

Entry Zone: $0.0643 – $0.0647

Take Profit (TP): $0.0612

Stop Loss (SL): $0.0666

Market Outlook: As long as price remains below the EMA cluster, downside momentum is expected. A breakdown of $0.0635 could accelerate the sell-off toward previous lows.

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