Enjin Coin / TetherUS
Long
Updated

ENJ/USDT Anticipating Bullish Movement from Demand Zone?? ๐Ÿ‘€ ๐Ÿš€

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๐Ÿ’Ž Paradisers, turn your attention to ENJUSDT as it presents an exciting trading scenario. The asset is currently showing signs of a bullish movement, originating from an internal demand zone.

๐Ÿ’Ž Diving into ENJIN's historical market performance, we see a pattern of following a descending channel, breaking above it, and then propelling upwards after a retest. Currently, ENJ is adhering to a descending trendline, which is serving as resistance.

๐Ÿ’ŽThere's a high likelihood of a bullish move initiating from the internal demand zone. Should this bullish shift materialize, ENJ is set to target supply levels at $.3357 and $.3693.

๐Ÿ’Ž However, in the unpredictable tides of the market, #ENJ traders must be prepared for alternate outcomes. If ENJ fails to sustain its upward momentum and dips below the internal demand level, a different market response might be on the cards.

๐Ÿ’ŽTraders should be ready for a potential bullish recovery from the external demand level of $.2460. Nevertheless, a decline below this critical juncture might indicate challenges in maintaining the bullish trend. ๐ŸŒด๐Ÿ’ฐ
Trade closed: target reached
๐Ÿ’Ž Spot on again! #ENJUSDT has climbed 35.12%!
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