$ENJ – Long or Short?
Short-term Bias: Bearish to Neutral
I'm Taking #Long
Clear downtrend after rejection at $0.10000 (recent high).
Momentum remains weak unless price reclaims $0.09484.
Holding above $0.08687 might give bulls a small bounce shot.
If it loses $0.08687, could dump toward $0.08340–0.08073—watch out!
Safer setup: Short from $0.09484–0.09839 on rejection or fade, rather than chasing.
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Support & Resistance Levels
Support: $0.08687 – $0.08340 (base range from recent pullback).
Resistance: $0.09484 – $0.09839 (local top with selling pressure).
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ENJ/USDT 2H Chart – Quick Technical Breakdown
Price: $0.08752
Recent High: $0.10000
24h Low: $0.08340
MACD: Bullish — signal line below MACD line (MACD: 0.00043).
Volume: 172.80M , showing active trading.
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