đ„ $ENJ Bullish Momentum Breakdown đ„
$ENJ has just delivered a powerful bullish expansion đ after cleanly breaking out of its accumulation base. Strong impulsive candles and a clear higher-high continuation on the lower timeframe confirm that buyers are in full control đȘ.
As long as price holds above the breakout structure, the path of least resistance remains upward, favoring continuation over any deep retracement đ.
đ Trade Setup â LONG
đŻ Entry Zone: 0.0340 â 0.0355
đ Stop Loss: 0.0318
đŻ Targets
TP1: 0.0385
TP2: 0.0420
TP3: 0.0470
⥠Momentum is aggressive, so avoid chasing extended candles.
đ§ Patience is key â wait for controlled pullbacks into the entry zone to maintain optimal risk-to-reward, while the bullish structure remains intact.