ENJ/USDT Price Long-Term: Bullish
Key Resistance Levels: 1.4210, 1.4250, 1.4300
Key Support Levels: 1.2790, 1.0820, 0.9735
On the daily time frame, the price is in a strong upward movement where the buyers are obviously controlling the price of the ENJ/USDT Coin. Yesterday a slight correction was posted which was expressed by a long wick to the upside. Let’s see what’s happening on the 1-hour time frame.
ENJ/USDT Medium-Term Trend: Bullish
On the 1-hr time frame, as we have said the coin revealed a correction to the downside where we have a confluence area between the 38.20% mark and the 1.2792 support. This might lead to a move upward to the 1.4210 level.
Buy Limit Order @ 1.2792
TP 1 @ 1.4210
TP 2 @ 1.4250
Stop Loss @ 1.2212
Trade Safely 🙂