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MyCryptoParadise_Simon
Nov 17, 2023 7:30 PM

ENJUSDT Market Analysis: Bullish Prospects ahead or Not? Long

Enjin Coin / TetherUSBinance

Description

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đź’ŽYello, Paradisers! It's time to focus on ENJUSDT as it presents an intriguing situation at its resistance point, poised for a potential bullish breakout from the Bullish Order Block (OB).

đź’ŽEnjinCoin has been tracing a descending trendline and is currently positioned at the lower end of this channel. There's a significant likelihood that ENJ will target the liquidity above in the supply zone.

đź’ŽAdding to the bullish sentiment is ENJ's consistent performance above the EMA100, lending further credibility to the optimistic outlook.

đź’ŽHowever, traders need to stay vigilant: a drop below the 0.2500 level could indicate a transition towards bearish conditions. It's essential to monitor these developments closely and make strategic decisions accordingly.

đź’ŽEnhance your trading tactics for ENJ with insights from ParadiseFamilyVIP. Dive into our detailed analyses on ENJ and other promising tokens to refine your approach in the crypto market.

Trade closed: target reached

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Boom! #ENJ is doing just what we said. Up 48.35% and looking good!

Comment

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Comments
utijohn440
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Nice .....
Pls What's the current Update. iss this On bullish or still going to drop below the Demand Point as u sated??
plsss ur response will be appreciated.. thanks
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