$ENJ

ENJ
ENJUSDT
0.05082
+2.19%

The chart structure reflects a clear bearish shift after a strong rejection from the recent high zone, followed by loss of momentum and increasing selling pressure. Price has failed to sustain above key resistance and is now forming lower highs on the intraday timeframe, indicating weakening bullish control.

A breakdown below the minor support region confirms continuation of the downtrend, with volume supporting the bearish move. The structure suggests distribution at the top, followed by a likely markdown phase.

Entry Zone: 0.0705 – 0.0715

Stop Loss: 0.0735

Targets:

TP1: 0.0685

TP2: 0.0660

TP3: 0.0625

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