$ENJ

ENJ

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is finally finding its feet after a long period of downward pressure. We’re seeing a steady recovery as buyers step in at lower levels, creating a series of higher lows. Momentum is definitely starting to shift in favor of the bulls.

​The price is currently hovering near a major resistance zone. If we see a clean breakout above this level, it could trigger a strong continuation to the upside.

​The Trade Setup

​Entry Zone: $0.0200 – $0.0208 (Look for stability here)

​Target 1: $0.0225

​Target 2: $0.0245

​Target 3: $0.0270

​Stop Loss: Below $0.0190