$ENJ /USDT – Faces Rejection at $0.1044 — Short Trade in Play
After a strong spike toward the $0.1044 resistance, $ENJ failed to sustain momentum, triggering a rejection pattern. Price is now consolidating below key resistance with lower highs forming.
Current Price: 0.0890
24H High / Low: 0.1044 / 0.0652
24H Volume: Mildly increasing
15m Chart Analysis:
Strong rejection candle followed by consolidation below resistance. Breakdown below 0.0880 could accelerate a push toward lower support.
Short Trade Plan:
Entry Zone: 0.0890–0.0895
Final Target: 0.0652
Stop Loss: 0.1044
Why This Setup Makes Sense:
Key resistance held firmly; buyers exhausted at highs. Short opportunity below rejection zone looks favorable.
Risk Strategy: Partial take-profits near $0.0780; trail stop if price breaks below $0.0850
Take short Trade here on $ENJ
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