ENJ/USDT Breakout the Key area, Indicating Bullish Momentum!

BINANCE:ENJUSDT   Enjin Coin / TetherUS
๐Ÿ’Ž ENJ has recently encountered significant market dynamics. Currently, ENJ has successfully broken above the supply area.

๐Ÿ’ŽThere may be a retesting phase at the demand area, which was previously the supply area, before continuing its upward movement and possibly reaching our target area.

๐Ÿ’Ž During the retesting phase, it is crucial for ENJ to bounce from the demand area if it wants to sustain its upward movement. However, if ENJ fails to maintain the demand area, there is a possibility of a breakdown below the support area, leading to a return to lower price levels.

๐Ÿ’Ž At the support area, it is imperative for ENJ to bounce and reclaim the area above the resistance for continued upward movement. Failure to do so could signal a bearish trend for ENJ, potentially leading to further downward movement in price.

Do you Want to start trading like a PRO?

Follow a team of traders with 10+ years of experience?

Join FREE๐Ÿ‘‰

๐ŸŽ–๏ธOr Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals ๐Ÿ‘‰

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.