$ENJ — Intraday Breakout Play | Bulls Loading the Spring
ENJ just fired an impulse and refused to give it back. Instead of dumping, price compressed into a tight coil — that’s not weakness, that’s controlled accumulation. The market printed a higher low and buyers are clearly guarding the $0.024 zone like a fortress.
This is the kind of structure pros hunt: impulse → pause → continuation.
Trade Plan (Decision: LONG continuation)
Entry Zone: 0.0244 – 0.0249
Support:
• 0.0242 (micro structure)
• 0.0237 (strong intraday base)
Targets:
🎯 TP1: 0.0253
🎯 TP2: 0.0260
🎯 TP3: 0.0272 (only if volume expands and momentum stays hot)
Stop-Loss:
⛔ 0.0234 (below structure — no emotional holds)
Why this works:
ENJ already showed its hand with a sharp push. The pullback didn’t invite panic selling — it invited buyers. Volume expanded on the last leg up, meaning demand is real, not fake pump energy. As long as price holds above 0.0242, pressure stays upward.
Pro Trader Tips:
• Enter on pullbacks, not green candles.
• Scale out at TP1 to lock profit and let the rest ride risk-free.
• If price loses 0.0237 with volume → walk away instantly. Capital > ego.
• Momentum trade, not marriage trade. This is intraday, not long-term love.
Mindset:
No hope trades. No revenge trades.
Structure decides — emotions don’t.
ENJ is either about to expand… or show us it’s not ready yet.
We trade what we see, not what we wish.