ENJ/BTC Analysis - Still A 30% Move in PlayHey traders, Enjin coin built on the Ethereum network as an ERC-20 token has reacted very well to positive news about the partnership with Microsoft.
This caused the price to move up 40% in a day, but that move isn't over yet, there's a huge resistance level at around 1718 sats. If you're entered in this coin, that would be the price to exit at and wait for a re-entry.
The news really didn't spike the price movement up though, Enjin just broke out of accumulation and is looking for the next untested level which is around 1700 sats.
We're having a little trouble right now trying to break this resistance, but Enjin after a few days of accumulation will break right through testing 1718 like we just talked about.
If you want to trade this token, check it out on Binance. Link down below to sign-up
As always please do your own research, I am not a financial advisor.