ENJ Preparing For Another Bullish Rally [Support And Resistance]

ENJ USDT Here is stuck between a few horizontal areas of support and resistance. Check out the chart to understand what the most important areas are right now, and which lines you should add to yours. The volality is high on ENJ for the 15m and to see this 15% opportunity between clean areas of support and resistance could be a fantastic opportunity.

On both sides of the closest support and resistance which I call level 1 on the chart, we can observe a second level zone that strengthens the view the that eventually the price will fluctuate between them. I deliberately added a stop loss below the second level support, that even if it does break through, we give the price some time to recover and be pushed up to the first level resistance eventually.

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

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