FieryTrading

🔥 ENJ Recovery Trade

Long
BINANCE:ENJUSDT   Enjin Coin / TetherUS
ENJ, like all other crypto's, is slowly crawling out of yesterdays dump. ENJ is one of the more bullish coins of the past week, but the recovery is slightly lacking thus far. This trade is based on the idea that the speed of the recovery will pick up soon, potentially hitting the last high around 0.66.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!

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