$ENJ /USDT – BULLISH RECOVERY SIGNALS CONTINUATION MOVE AFTER STRONG 20% SURGE
$ENJ /USDT is currently trading around 0.03439, showing strong bullish recovery after a +20% daily move with increased volume participation. The price recently bounced from the 0.02837 support zone, confirming buyer interest at lower levels. However, ENJ is now approaching a key resistance area around 0.03818, where short-term profit booking may occur before any further upside continuation.
If buyers maintain momentum and break above 0.03818, the next impulsive rally phase could extend toward higher resistance zones. Otherwise, a minor pullback or consolidation between support and resistance is likely before the next move.
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Trade Setup:
Long Entry: 0.0330 – 0.0345 (current pullback zone)
Breakout Entry: Above 0.0382 (confirmation long)
Take Profit (TP):
TP1: 0.0382
TP2: 0.0420
TP3: 0.0450
Stop Loss (SL): 0.0300 (below support zone)
Short Market Setup:
Overall structure remains bullish with healthy correction phases, indicating accumulation after a strong rebound. Volume supports upward continuation, but resistance rejection risk is present in the short term.