$ENJ /USDT – BEARISH BREAKDOWN FROM DESCENDING CHANNEL

$ENJ has broken below its descending channel, signaling a continuation of the bearish trend. Multiple rejections from the upper trendline confirmed seller dominance. The recent breakdown beneath key support reflects growing bearish momentum, with volume increasing on red candles — a sign of strong conviction from bears.

🔻 Trade Setup:

Short Entry: Below 0.0670

Targets:

TP1: 0.0655

TP2: 0.0635

TP3: 0.0600

Stop-Loss: 0.0690 (above prior resistance)

🛡️ Risk Management:

Always set a stop loss to minimize downside risk.

Risk only 1–2% of your capital per trade.

Stay disciplined — avoid emotional trades, especially during high volatility.