🚀
$ENJ | LONG SETUP (The Struggle for a Turnaround from the Bottom!)
A similar accumulation structure to the famous
$BOME region is now maturing on the ENJ (Enjin Coin) chart! 💎 The RSI is rebounding sharply from the bottom, and trading volume has surpassed $300M in the last 24 hours with a massive increase. The technical breakout is confirmed, we're lying in wait with our family! 🎯
🟢 Entry Zone: $0.068 - $0.074 (Suitable for staggered buying)
🎯 Target 1: $0.080
🎯 Target 2: $0.095
🎯 Target 3: $0.115
🎯 Target 4: $0.140 (Major Resistance)
🎯 Target 5: $0.160+ (Expected End)
🛑 STOP: $0.058
💡 Why ENJ?
The weekly downtrend has finally been broken with volume. The shallow supply mechanics seen in RAVE may also apply here; with the explosion of short positions (Short Squeeze), the price is likely to move much more aggressively.
📢 DISCLAIMER:
This post is purely a technical analysis and market reading. The crypto market involves high risk; therefore, please do your own research (DYOR) and stick to your risk management. These kinds of "spot-on" analyses will continue on our way to 1000 followers! 📈
If you're not following yet, you're missing out on opportunities. Stay tuned, let's grow together! ✅
#Enjin
$ENJ #CryptoSignals #BinanceSquare #AltcoinRally #TradingStrategy #DYOR
#NFA