ENJUSDT wants the dynamic support?ENJUSDT has experienced a clear breakout of its previous structure, indicating a potential shift in market sentiment.
However, the price is now testing a significant resistance level, which suggests that there may be selling pressure at this price point. If the price is unable to break through this resistance, it could create a new bearish impulse and move lower.
Additionally, it's possible that the price may retest the dynamic support level, which could provide a buying opportunity for traders who are bullish on ENJUSDT. This support level is dynamic because it's based on the current price action, and can move up or down as the price changes.
–––––
Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
