Guys, I’ve analyzed $ENJUSDT on the 4H timeframe and this setup is looking very important ⚠️📉

Right now, ENJ is trading around 0.0298 after making a huge impulsive move upward, but the key thing here is that price now looks overextended after a sharp pump. These kinds of moves usually bring strong volatility, and without proper support building underneath, they often lead to a correction.

At the moment, price is struggling to hold after the breakout, which suggests this could be a temporary exhaustion move rather than a stable continuation. If buyers fail to defend current levels, a deeper pullback becomes very likely.

This setup looks more like a short-term rejection / correction scenario, especially after such a fast vertical rally.

📉 Trade Idea (Short Bias):

Entry: 0.0295 – 0.0302

Targets:

0.0270

0.0245

0.0200

Stop Loss: 0.0322

As long as $ENJUSDT stays below the 0.0305–0.0310 zone, downside pressure can remain active. Any weak bounce into resistance may offer a better short opportunity.

Don’t chase after big green candles — most traders enter late on pumps, and that’s exactly where the market usually traps them before the pullback starts.

Click below to take trade 👇 $ENJUSDT