$ENJ went from 0.017 to 0.08 like a rocket! 🚀
Right now, price is sitting near the top around 0.077–0.08, which is a natural area where early buyers start taking profits. That’s why you’ll often see either a pullback or sideways consolidation after such a move.
Yes, the trend is clearly bullish — no doubt. But entering after a vertical candle is risky because you’re chasing, not positioning early.
A healthier scenario would be Price pulls back, forms a base, then continues upward. That’s how strong trends build.
If it directly continues without cooling down, it becomes even more volatile — meaning fast gains but also sharp drops.
Targets like 0.09 – 0.13 are possible if momentum continues, but expecting straight move without pauses is unrealistic.
Right now it’s not about hype — it’s about patience and timing.
Right now, price is sitting near the top around 0.077–0.08, which is a natural area where early buyers start taking profits. That’s why you’ll often see either a pullback or sideways consolidation after such a move.
Yes, the trend is clearly bullish — no doubt. But entering after a vertical candle is risky because you’re chasing, not positioning early.
A healthier scenario would be Price pulls back, forms a base, then continues upward. That’s how strong trends build.
If it directly continues without cooling down, it becomes even more volatile — meaning fast gains but also sharp drops.
Targets like 0.09 – 0.13 are possible if momentum continues, but expecting straight move without pauses is unrealistic.
Right now it’s not about hype — it’s about patience and timing.
