TradingView
MyCryptoParadise
Dec 28, 2023 9:02 AM

ENJ/USDT Bullish Reversal from Key Support? 🚀ENJ Analysis Long

Enjin Coin / TetherUSBinance

Description

â‹…
💎Paradisers, let's turn our attention to #ENJUSDT as it exhibits promising market activity. Following a rejection from its resistance, it is now positioning itself for a potential bullish resurgence from below its current support level.

💎 #Enjin recent behavior, we note that after facing rejection at $0.4287, it experienced a downward trend. Currently, the support at $0.3644 is pivotal. If NYSE:ENJ can regain momentum at this level and successfully challenge the robust resistance, it could set its sights on overcoming the higher resistance at $0.5021.

💎 Yet, navigating the unpredictable crypto market requires a readiness for various scenarios. If #ENJ struggles to initiate an upward move from the $0.3644 support, a recalibration of strategy might be necessary.

💎 This could entail preparing for a bullish resurgence from a slightly lower support level at $0.3294. Be mindful: a break below this level could indicate a shift towards a more bearish market trend.
Comments
ady777
â‹…
to anyone who might consider buying this misery...stay away from this shitcoin...
More