Quick update on ENJ$ (follow-up to the previous post):
As we can see on the hourly chart, the coin was unable to maintain the decisive positive momentum we mentioned in the first post.
• 📉 Current situation: The price broke below the Bollinger midline (MB) and is now trading at $0.03204.
• ⚠️ Technical indicators: The MACD has again formed a bearish crossover below the zero line, indicating a temporary decline in buying liquidity.
• 🛡️ Advice for followers: The bullish scenario is currently on hold until we see stability or a rebound from nearby support around 0.03156$ (the lower Bollinger band, DN). Stick to strict risk management.
As we can see on the hourly chart, the coin was unable to maintain the decisive positive momentum we mentioned in the first post.
• 📉 Current situation: The price broke below the Bollinger midline (MB) and is now trading at $0.03204.
• ⚠️ Technical indicators: The MACD has again formed a bearish crossover below the zero line, indicating a temporary decline in buying liquidity.
• 🛡️ Advice for followers: The bullish scenario is currently on hold until we see stability or a rebound from nearby support around 0.03156$ (the lower Bollinger band, DN). Stick to strict risk management.