New $ENJ 24-hour high, current price 0.03305, previous high 0.03259.
Three common moves after a new high:
① Pull back to the previous high, hold, then move up another level: healthiest
② Churn around the previous high: consolidation, waiting for direction
③ Fall straight back below the previous high and fail to reclaim it: bull trap
Currently above the previous high; watching to see whether it follows ① or ②.
#ENJ
This view may not be right. You are responsible for your own gains and losses.
Three common moves after a new high:
① Pull back to the previous high, hold, then move up another level: healthiest
② Churn around the previous high: consolidation, waiting for direction
③ Fall straight back below the previous high and fail to reclaim it: bull trap
Currently above the previous high; watching to see whether it follows ① or ②.
#ENJ
This view may not be right. You are responsible for your own gains and losses.