THE CRYPTOCURRENCY $ENJ IS DIFFICULT TO BREAK: AFTER ENTERING AT ITS MONTHLY LOW WITH A LONG POSITION, THE TRADE PROFIT WAS 11.69%/4.03%/3.03%.
Therefore, you're in the proper place if you're searching for a thorough analysis of ENJ.
This is the reason.
Since ENJ has been approaching its monthly low, we were able to gain an 18.75% increase from its movement at 0.11 by catching a portion of its price for long positions. Due to the high demand between 0.08 and 0.013, many individuals are purchasing ENJ at this discounted price. However, we are currently strengthening our hold on its position, and we can continue to profit from any of its price movement because we are certain that these are the zones with the finest entries for any intraday/swing trades. From August until the present, we can observe that the price has already risen over its average of 0.1434 on a weekly basis. If this keeps up, the price might surpass the highs of August and September. Nearly 75% of the peak from the latter week of July, or 0.1732, is where the bearish order blocks meet. We will keep an eye on this token for any subsequent price action following the retracements, as we have already secured these rises.
Stay wise, trade cautiously.