$ENJ Short Trade Setup – Targeting $0.080 & $0.075
Enjin Coin (ENJ) is currently facing resistance near the $0.092 level. After testing this zone, the price has started to pull back, indicating potential selling pressure.
Price Action Update:
Current Price: $0.0880
High: $0.0920
Support Zone: $0.0800
Major Support: $0.0750
Trade Setup:
Entry Zone: Around $0.0880 – $0.0900
TP1: $0.0800
TP2: $0.0750
Stop-Loss: Above $0.0930
As long as ENJ stays below $0.0920, the short setup remains valid. Monitor for further downside confirmation and manage risk with a tight stop-loss.
$ENJ Long Trade Setup – Targeting $0.100 & $0.110
Enjin Coin (ENJ) is showing signs of bullish momentum after a significant price increase. A breakout above the $0.0920 resistance level could signal further upside potential.
Price Action Update:
Current Price: $0.0880
Resistance Zone: $0.0920
Major Resistance: $0.1000
Next Target: $0.1100
Trade Setup:
Entry Zone: Around $0.0920 – $0.0930
TP1: $0.1000
TP2: $0.1100
Stop-Loss: Below $0.0880
If $ENJ breaks and holds above $0.0920 with increased volume, the long setup becomes favorable. Ensure to confirm the breakout before entering and manage risk appropriately.
