$ENJ is showing a potential short setup after struggling below the $0.0240 resistance zone.
The daily and 4H structures remain bearish, with sellers maintaining pressure. Buyers need a confirmed reclaim of $0.0240 to improve the outlook.
EP: $0.0237–$0.0240
TP1: $0.0225
TP2: $0.0216
TP3: $0.0206
SL: $0.0246
The $0.0240 resistance is the key rejection area, while $0.0216 contains nearby downside liquidity. A strong breakout above $0.0246 invalidates the setup.
Let's go Trade now $ENJ
The daily and 4H structures remain bearish, with sellers maintaining pressure. Buyers need a confirmed reclaim of $0.0240 to improve the outlook.
EP: $0.0237–$0.0240
TP1: $0.0225
TP2: $0.0216
TP3: $0.0206
SL: $0.0246
The $0.0240 resistance is the key rejection area, while $0.0216 contains nearby downside liquidity. A strong breakout above $0.0246 invalidates the setup.
Let's go Trade now $ENJ