$ENJ is now moving into a correction phase after an aggressive rally toward the 0.10 zone. The rejection from highs and current downside movement indicate short-term profit-taking and cooling momentum. This pullback appears healthy unless key support levels break.
Trade Setup:
Entry Zone (Short): 0.079 – 0.083
Take Profits:
• TP1: 0.075
• TP2: 0.070
• TP3: 0.065
Stop Loss: 0.087
After a strong bullish expansion, the market is now retracing with lower highs forming on lower timeframes. Immediate support at 0.075 is critical — losing this level could extend the drop toward 0.070 and below. However, this remains a correction within a broader bullish trend unless 0.065 breaks decisively.
Short now and trade here on $ENJ
ENJ
0.07663
-12.72%