🚀ENJUSDT Inverse Head & Shoulders: Major Reversal on the Way?💎 Paradisers, #ENJUSDT has formed an inverse head and shoulders pattern, enhancing the probability of a reversal from here.
💎 Currently, if #ENJ closes a candle above the resistance zone, it will validate the pattern, and we can expect a move up to the next resistance levels. Additionally, there's a gap above that needs filling, which could further aid the price in reaching those resistance zones.
💎 In the case of a pullback, if the price closes a candle below the right shoulder, it will invalidate the inverse head and shoulders pattern. However, for a potential bounce, the price needs to show bullish signs at the demand level, which could provide us with an opportunity.
💎 However, in the case of a breakdown of the demand level, it will invalidate our entire idea. In that case, it would be better to avoid trading and wait for more favorable price action to develop.
