📈 Technical Analysis: EnjinCoin ($ENJ )

On the hourly chart, ENJ is in sideways chop.

🟡 Chart is above support level and not planning to go anywhere. Trading off levels.

How to Trade❔

💬 Buy:
Entry on reversal candle configuration upon bounce from support level.
Stop-loss behind the extreme.
Profit target before resistance level.

💬 Sell:
If price breaks support—can sell.
Stop-loss behind the extreme.
Profit target before the level.

💬 Critically Important: Risk/reward ratio must be favorable! Trades are short-term, so carefully calculate the ratio before entry.

Conclusion:
Sideways action requires discipline. Trade only from levels with clear stops.

📈 Open trade with $ENJ ‌🔗 Chat • X • JioCoinsX