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ENJUSDT

#ENJ (SPOT) entry range( 0.1390- 0.1690) T.(0.3380) SL(0.1272)BINANCE:ENJUSDT entry range ( 0.1390- 0.1690) Target1 (0.2599) - Target2 (0.3380) 1 Extra Targets(optional) in chart, if you like to continue in the trade with making stoploss very high. SL .1D close below (0.1272) *** collect the coin slowly in the entry range *** *** No FOMO - No Rush , it is a long journey *** **** #Manta ,#OMNI, #DYM, #AI, #IO, #XAI , #ACE #NFP #RAD #WLD #ORDI #BLUR #SUI #Voxel #AEVO #VITE #APE #RDNT #FLUX #NMR #VANRY #TRB #HBAR #DGB #XEC #ERN #ALT #IO #ACA #HIVE #ASTR #ARDR #PIXEL #LTO #AERGO #SCRT #ATA #HOOK #FLOW #KSM #HFT #MINA #DATA #SC #JOE #RDNT #IQ #CFX #BICO #CTSI #KMD #FXS #DEGO #FORTH # AST #PORTAL #CYBER #CLV #RIF ENJ ****
Long
by Crypto_alphabit
2
DreamAnalysis | Key Triggers for ENJ Futures and Spot Trading✨ Welcome to today’s analysis! In this session, I will analyze Enjin Coin (ENJ) and review its key triggers in both futures and spot markets. The entire crypto market is currently in a significant zone, and how the price reacts here could set the direction for the coming months. 🧩 About ENJ and Its Role in Crypto Gaming If you’ve been involved in crypto gaming, you’ve likely heard of ENJ (Enjin Coin), but you might not know exactly what role it plays. Every game is built using a game engine, such as Frostbite or Unreal Engine, used in major games. However, these engines are complex and expensive, which makes them impractical for crypto projects. ✨ Enjin Coin provides a simpler, blockchain-specific game engine, which is why it has become one of the top projects in this space. It has even partnered with notable names like CoinMarketCap, Binance, and Atari. 🔍 Now that we know what Enjin Coin brings to the crypto space, let’s dive into the chart and explore important triggers. The analysis is conducted in the daily and 4-hour timeframes. 📅 Daily Timeframe Analysis On the daily chart, ENJ has been in a downtrend from its $0.6556 high, falling to the $0.13 support level. It has since entered a range-bound phase, moving between $0.13 and $0.1778 for the past two months. A confirmation of an uptrend could be seen if the price stabilizes above $0.1778, with RSI needing to break through 59.61 and market buying volume increasing to confirm bullish momentum. 📈 If the price breaks through $0.1778 or $0.2054, it would be a good opportunity for spot buying. Targets for this move would be $0.2645, $0.4098, and $0.6556. 📉 On the downside, if $0.13 support breaks (likely coinciding with RSI falling below 42.48), it’s advisable to activate stop-losses if you already hold ENJ. The next support below would be at $0.0921. ⏳ 4-Hour Timeframe Analysis In the 4-hour timeframe, ENJ is stuck in a long consolidation range, which limits the effectiveness of momentum indicators like RSI, so I won’t use it here. 🔼 The price recently broke above $0.1543 and is now pulling back towards this level. If the upward move continues, the next target would be $0.1658, with the final target at the top of the range near $0.1823. If you don’t have a position open, consider entering a long trade on a break above $0.1658. What’s encouraging here is that volume is increasing, signaling strength in the bullish move. 🔽 For a short position, a break below $0.1398 would be a suitable entry point. If the price confirms and holds below this zone, we could see a move toward the $0.13 support. The main short position would be triggered after a break below $0.13. 📝 Overall, I currently see a bullish momentum in the market for futures and prefer opening long positions. ❌Disclaimer This is not financial advice; it is merely my personal opinion on how the coin might move. Always conduct your own research before making any decisions.
Long
by DreamAnalysis
ENJ Price Action: Will the Momentum Hold Above Support? ENJ is currently trading around $0.1697. From March the price of ENJ is in a downtrend, after rejection from the resistance zone marked with Purple at $0.6617 to $0.6850. Now the price has broken out from the descending trendline and the resistance zone marked with Grey at $0.1512 to $0.1584, now this zone has become a support zone. The next target for the price is the resistance zone marked with Green at $0.2037 to $0.2108, if the momentum continues the price could reach the next zones marked on the chart. The price might retest the support zone Grey and the descending trendline, if this area fails to hold the price it might fall to the next support zone marked with Yellow at $0.1294 to $0.1372.
Long
by TheCryptoCity
#ENJ Getting Ready for a Major Move | Key Levels to WatchYello, Paradisers! Are you ready for what could be a major move in the #ENJ market? Let's discuss the latest analysis of #EnjinCoin: 💎We’re seeing a strong potential for a bullish continuation from a critical support zone at $0.132. For those tracking #ENJUSDT, the setup looks promising—#EnjinCoin is showing signs of preparing for a bullish breakout from the descending channel formation, and it could take off soon. 💎Currently, #ENJ is following this descending channel pattern, and if a breakout occurs, we could see prices soar. The first key target after a breakout is the minor resistance at $0.232. If #ENJ manages to hold steady above $0.132, we might be on the verge of a significant rally. 💎In the past, we’ve seen similar setups lead to explosive moves, and a breakout above the critical $0.232 resistance could open the door to even higher resistance zones. 💎But let’s not forget—caution is crucial. If momentum weakens near this key demand zone, we could see a pullback to the lower demand area around $0.113. A daily close below $0.113 would invalidate this bullish setup and could lead to further declines. Stay focused, patient, and disciplined Paradisers. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise_Simon
The rise of Bitcoin will be the rise of $ENJ and $EFI Let me tell you why I will only give you ten reason why Gamification (not p2e) is the new narrative next year, it will foreshadow something that is big for 2025 to make a great comeback for p2e games. 1. Gaming is a $200B+ industry primed for NFT and blockchain disruption enabling true ownership of in-game assets. 2. High demand for using real-world IP from global brands like Star Trek, Formula 1, and gaming IPs in tokenization efforts as RWAs. 3. Recent ruling that NFTs can represent legal ownership brings regulatory clarity for blockchain assets backed by real assets. 4. Next billion crypto users more likely to first access web3 through gamified experiences vs trading/DeFi products initially. 5. Value accrual to decentralized gaming platforms and token incentives rather than centralized game publishers alone unlocks new growth. 6. Combining decentralization benefits with existing fun gaming experiences and communities supercharges adoption. 7. Success of trailblazers like Axie Infinity demonstrates blockchain gamification viability. 8. Facebook rebranding to Meta signals wider market realization of token metaverses and blockchain games as the future. 9. Enjin simplifies game asset creation across 50+ chains while handling complex token economics and distribution. 10. Over $100B in NFT trade volume last year shows exponential increase; gaming and gamified NFTs poised to grab market share. Now this is my short thesis for Enjin and EFI token. 1. Next-gen Enjin Wallet integrates Efinity and Polkadot parachains to enable advanced NFT support. 2. JumpNet launch provides free, eco-friendly blockchain custom-built for NFTs, removing gas fees barrier. 3. Multiple collaborations continue with brands like McLaren Racing introducing NFT fan engagement within games. 4. Growing ecosystem of projects leveraging Enjin for tokenized gaming assets and experiences. ***I supposedly not post this publicly but I will give it for free, it should be for my community only but here you go.*** FEAST my brothers and sisters.
CRYPTO:ENJUSDLong
by osodatsismoso
3
ENJUSDT.1DAnalyzing the ENJ/USDT daily chart, several key technical elements stand out, offering a detailed perspective on the current market conditions and potential future movements. Technical Analysis Observations: Support and Resistance Levels (S1, R1, R2): Support Level 1 (S1): At approximately $0.1351, this level has been tested multiple times and has held as a significant support. A break below this could signal further downside. Resistance Level 1 (R1): Located at $0.2696, this level represents the immediate resistance and a potential target for any bullish correction. Resistance Level 2 (R2): At $0.3995, this higher resistance level marks a more substantial recovery target if the price can break above R1. Trend Indicators: The green trendline, slightly ascending, has been serving as a support line. Its validity and strength will be tested if the price continues to hover near it. The descending red arrows indicate the overall bearish trend that has been dominating the price action recently. RSI (Relative Strength Index): The RSI stands at 21.52, indicating that the asset is heavily oversold. This suggests that a potential reversal or at least a consolidation phase might be on the horizon as buyers look to capitalize on the undervalued conditions. MACD (Moving Average Convergence Divergence): The MACD lines are below the signal line, and the histogram indicates ongoing bearish momentum. However, the MACD's flatlining suggests that bearish momentum might be weakening, potentially setting the stage for a reversal. Conclusion: The ENJ/USDT pair is currently navigating through a critical phase. The strong support at $0.1351 is a key level to watch. Given the heavily oversold condition indicated by the RSI, a short-term rebound might be in play. However, the overall bearish sentiment underscored by the MACD means that any bullish moves could be limited unless accompanied by significant volume and momentum changes. For a more secure entry, I would look for a confirmation of reversal signs, such as a bullish divergence in the RSI or a bullish crossover in the MACD. If the price manages to break above the immediate resistance at $0.2696, it could open the door for a move towards the higher resistance at $0.3995. Conversely, a decisive break below $0.1351 would suggest further downside, necessitating close monitoring of price action for new support levels. As always, prudent risk management is essential. Setting stop-loss orders below key support levels and targeting profits near established resistance levels can help manage potential risks and optimize gains in such a volatile market environment.
Long
by MarsSignals
ENJUSDT.1DHere is my professional analysis of the ENJ/USDT daily chart: The chart displays a long-term overview of Enjin Coin against USDT, showing significant volatility with notable high and low points. The current price of ENJ is around $0.2509, close to its recent lows, indicating a potential oversold situation. Support and Resistance Levels: The chart shows a clear support level at $0.2498 (S1), which is slightly below the current price. This support level has been tested multiple times, suggesting it's a strong level for potential rebounds. The resistance levels are marked at $0.4011 (R1) and $0.4762 (R2). For a bullish trend, ENJ would need to break past these resistance levels, which could indicate a significant shift in market sentiment. Trend Analysis: The downward trend from the peak earlier in the year suggests a bearish sentiment in the market. The current price is at the lower end of the spectrum, which could either mean a continuation of the bear trend or a potential reversal if it holds the support at $0.2498. Trading Strategy: Given the proximity to the support level, traders might consider this a buying opportunity, preparing for a potential bounce back towards the first resistance level at $0.4011. However, a break below the support at $0.2498 could lead to further declines, possibly establishing new lows. Risk Management: It's crucial to set stop-loss orders just below the support level to minimize potential losses should the market move against your position. This approach ensures that you are prepared for both a potential upside rebound and a continuation of the downtrend. In conclusion, the ENJ/USDT pair presents a risky but potentially rewarding setup. With strong support close to the current trading price, there's an opportunity for a rebound. However, the prevailing bearish trend and potential for breaking new lows should make traders cautious. As always, keeping an eye on volume and other market indicators will provide additional clues as to the strength of the current levels.
by MarsSignals
2
ENJ/USDT upward momentum from demand? Enjin Analysis💎 Paradisers, #ENJUSDT is showing signs of a probable bullish continuation from its current demand zone. 💎 A bullish confirmation could occur if #ENJ breaks and closes above the supply zone (SZ) level at $0.3201 on a daily chart, signaling a continuation of upward momentum towards our designated supply area. Upon reaching the supply area at $0.4073, slight resistance may be encountered. 💎 Remain calm but alert; if it manages to break above this level and maintain momentum, a significant bullish movement could unfold. Conversely, if #ENJIN encounters strong rejection at the $0.4073 resistance, marked by a bearish candle, a retracement to lower levels might be on the cards, potentially pulling the price back to the SZ at $0.3201. 💎 As #ENJ nears this crucial demand area, it must rebound and persist in its climb to retest the resistance. Considering its history of recovering from key demand levels, there is a strong possibility that it could repeat this pattern and ascend further. 💎 It's vital to maintain vigilance and closely observe #ENJ's price movements. A breakdown below the demand area, confirmed by a daily closure below it, would challenge the bullish scenario and could result in further declines. MyCryptoParadise iFeel the success🌴
Long
by MyCryptoParadise
3
ENJ/USDT on the Edge of a Major Bullish Reversal 👀🚀 Watch It 💎Paradisers, it's time to seize a golden trading opportunity with #EnjinCoin! Currently, there's a robust potential for a bullish turnaround from the key support level at $0.257. If #ENJ can hold steady here, we're likely to see a push upwards and break through the descending channel to reach our identified resistance targets. 💎If #ENJ fails and slides below the $0.257 mark, it might signal a deepening of the bearish trend and push it toward the next vital demand zone at $0.227—a level well-known for sparking strong recoveries due to its significant liquidity. 💎If #ENJUSDT revisits this lower demand zone, securing a bounce is crucial for maintaining its footing. Failure to do so could intensify bearish forces, worsen market sentiment, and lead to further price drops. 💎Stay sharp and ready to adapt, Paradisers! Your ParadiseTeam is meticulously tracking these movements and is ready to guide you through potentially profitable shifts in $ENJ. MyCryptoParadise iFeel the success
Long
by MyCryptoParadise_Simon
2
📈Market Analysis and ENJ Coin Review🎮🔍Bitcoin is still ranging, and with the decline in Bitcoin dominance, altcoins might experience upward movements independent of Bitcoin. 📆 Today's Coin: ENJ Today, we'll focus on ENJ (Enjin), which is a game engine for Web3 and provides suitable infrastructure for gaming projects. 🧩 Chart Analysis Looking at the 4-hour timeframe, we observe an upward movement accompanied by a trendline. There was a fake breakout once, but the price managed to climb back above the trendline with less strength, continuing its upward trajectory. Currently, it has returned to the trendline support level, and we need to see how it reacts to this level.Key static support levels are at 0.2755 and 0.3673. Previously, 0.3673 acted as a resistance and, if this pullback can be stopped, it may serve as support. 📊 Volume Analysis After closing above the 0.3673 level, a significant amount of buying volume entered the breakout candle. However, the candle's shape indicated trend weakness, and subsequent candles showed higher selling volume than buying. This divergence suggests that selling pressure needs to decrease and buying volume needs to return for the market to move upward. If this volume divergence persists, a trend reversal is likely, as no trend can continue with sustained volume divergence. 👨‍💻 Trading Positions 📈 Long Position : For a long position, if volume conditions (discussed in the volume analysis) are met, consider entering on a break above the 0.3853 trigger with a target of 0.43. This is the only current long trigger unless the market forms a new structure. If the RSI breaks above 70, it confirms momentum, and you can hold the position longer. 📉 Short Position : For a short position, the main trigger is 0.2755. If this level breaks, the first target can be 0.2529. If the price finds support at 0.3673 and retests, and if it stabilizes below this level, a very short scalp position can be taken with volume confirmation. Another short trigger is 0.3375, which is a trend-breaking trigger, with a target at the bottom of the box at 0.2755. 📝In conclusion, the ENJ market is currently showing potential for both long and short positions, depending on key trigger levels and volume confirmations. Always ensure you monitor volume closely and be prepared to adjust your strategy based on market conditions. Happy trading! 🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2. 🫶If you enjoyed this analysis and want to support me, please boost this analysis. Feel free to leave a comment or suggest a coin you'd like me to analyze next.
by itsparham96
1
ENJ Long Trade SetupCurrent Situation: Trend: ENJ is slowly grinding up, having broken and retested a local resistance level, flipping it into support. Momentum: ENJ has picked up momentum and is heading towards the next resistance. Trade Strategy: Entry Point: Enter a long trade above $0.3240 and $0.3376. Take Profit Targets: First Target: $0.4470 Second Target: $0.5070 Third Target: $0.6826 Stop Loss: Set just below $0.2999 to manage risk. Summary: ENJ has established a clear uptrend by breaking and retesting a local resistance level, which has now turned into support. Entering a long trade above $0.3240 and $0.3376 positions you well for potential gains, with profit targets at $0.4470, $0.5070, and $0.6826. A stop loss set just below $0.2999 helps to minimize downside risk.
Long
by Richtv_official
ENJ LOOKS BULLISHWave B of the bullish pattern appears to be a triangle with only one wave remaining. With the completion of the E wave, it can move towards the targets. If the price returns to the green range, we will look for buy/long positions The targets are clear on the chart. Closing a daily candle below the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
by behdark
1
ENJ/USDT Break Alert! Bullish momentum for ENJ movement.💎 Paradisers, #ENJ is indeed a coin worth monitoring closely. 💎 The chart shows a potential bounce from the support area, followed by a successful breakout of the descending resistance, indicating bullish momentum for ENJ. ENJ may undergo a retesting phase before continuing its upward movement towards our target area. 💎 However, if ENJ fails to bounce during the retesting phase and even breaks below the trendline, it could indicate weakness in the bullish momentum. 💎 In such a scenario, ENJ might retreat to revisit the major support level around 0.272 - 0.25. This could potentially lead to a significant bounce and a reversal back to bullish territory. 💎 The bullish invalidation scenario would come into play if ENJ fails to bounce from the major support area and the daily candle closes below it. This could confirm bearish sentiment and lead to further downward movement and deeper dips. MyCryptoParadise iFeel the success🌴
by MyCryptoParadise_Nathan
6