$ENJ $/USDT TECHNICAL ANALYSIS – BULLISH BREAKOUT CONTINUATION

ENJ/USDT is maintaining strong bullish structure after a decisive breakout from its accumulation zone. Volume expansion and sustained price action above key moving averages suggest buyers are firmly in control, with continuation toward higher resistance levels likely.

Market Bias: Bullish

Trade Type: Long

Long Entry Zone:

0.03250 – 0.03450 (pullback into demand and MA support)

Targets (TP):

TP1: 0.03680

TP2: 0.04000

TP3: 0.04180

Stop Loss (SL):

0.02980 (below MA(25) and structural support)

Technical Reasoning:

Price holding above MA(7) and MA(25 confirms bullish momentum

Strong volume validates breakout strength

MA(99) acting as higher-timeframe resistance; clean break may accelerate upside

Higher-high and higher-low structure intact

Risk Management:

Risk only 1–2% of capital per trade, secure partial profits at TP1, and trail stop loss to breakeven as price moves in favor.

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$ENJ

ENJ
ENJUSDT
0.03045
+0.42%