ENJUSDT: Poised for a Breakout - Entry, Stop-loss, and Target Le
ENJUSDT is currently in an upward trend and has the potential to experience significant growth if it breaks above this region.
Entry point: $0.6667
Stop-loss: $0.6546
Target: $0.7368
Due to the high risk associated with the market, consider taking profits at $0.6910 and holding the remaining position until the target is reached.
To confirm entry, you can utilize the RSI (Relative Strength Index) indicator. A closing value above 58.18 on the 1-hour timeframe can serve as confirmation.
Market sentiment remains bullish for ENJUSDT, with an 88% positive sentiment.
The Fear & Greed Index stands at 82, indicating "Extreme Greed."
This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research before making any trading decisions
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Entry point: $0.6667
Stop-loss: $0.6546
Target: $0.7368
Due to the high risk associated with the market, consider taking profits at $0.6910 and holding the remaining position until the target is reached.
To confirm entry, you can utilize the RSI (Relative Strength Index) indicator. A closing value above 58.18 on the 1-hour timeframe can serve as confirmation.
Market sentiment remains bullish for ENJUSDT, with an 88% positive sentiment.
The Fear & Greed Index stands at 82, indicating "Extreme Greed."
This analysis is for informational purposes only and should not be considered as financial advice. Always conduct your own research before making any trading decisions
If my analysis was useful for you, I would appreciate it if you follow me so that you will know soon if I make another analysis