Live monitoring of the Descending Triangle setup on ENJ. See where price is heading.
Bearish continuation pattern.
A clear signal has emerged for Enjin Coin (ENJ) on the daily chart. Currently at $0.04, the asset is showing upward momentum (4.69%). Algorithmically, a Descending Triangle structure has completed. Volume is strong (2.21x avg) with moderate trend strength (24.3). A potential breakout level is identified at $0.03, targeting $0.01 with support near $0.04 (R:R 1.78).
What is your outlook on ENJ?