ENJ is currently trading within a Falling Wedge pattern, a bullish reversal setup. It’s holding at the yellow support zone between $0.1258 - $0.1258, a critical level for buyers.
If the price bounces from this zone could ignite a strong bullish wave pushing price to the falling wedge upper boundary and the resistance zone Blue at $0.2063 - $0.2365.
If the price bounces from this zone could ignite a strong bullish wave pushing price to the falling wedge upper boundary and the resistance zone Blue at $0.2063 - $0.2365.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.