Based on the chart and indicators, here are potential take-profit levels for the #ENJ/USDT trade:
1. First Take Profit (Short-Term Resistance):
Around $0.3264, which is the 24-hour high and a recent resistance level. A conservative target for a quick exit.
2. Second Take Profit (Psychological Level):
Around $0.3350–$0.3400, as it is close to a round number and a potential psychological resistance.
3. Third Take Profit (Extended Bullish Target):
If the bullish momentum continues, aim for $0.3500–$0.3600, which could align with Fibonacci extensions or prior higher resistance zones.
Trailing Stop-Loss Option:
Set a trailing stop-loss to lock in profits as the price climbs, allowing you to capture further upside without significant risk.
Keep an eye on RSI and volume for signs of weakening momentum. Adjust targets if the trend accelerates or shows signs of exhaustion.