ENJ technical analysis shows some highlights. Recently, the trend has formed a clear descending wedge, and the breakout has been completed. It is currently in the retest phase. If the retest is successful and it stabilizes, a strong rebound is expected. Based on pattern analysis, the potential increase could reach 85-90%. The next few days are worth closely monitoring the performance at this level. Once an effective breakout is confirmed, it could be a good entry opportunity.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
TokenDustCollector
· 10h ago
Wow, the ENJ wedge breakout looks pretty good, but I'm just worried it might be a false alarm again.
View OriginalReply0
Rekt_Recovery
· 10h ago
ngl been burned by these "confirmed breakout" calls before... 85-90% sounds like copium to me tbh. that wedge better hold or i'm looking at another liquidation story to tell the newbies lol
Reply0
BlockchainBrokenPromise
· 10h ago
It's another falling wedge breakout. I've heard this explanation so many times my ears are calloused... When it comes to actually investing, it's a whole different story.
View OriginalReply0
GasGuzzler
· 10h ago
I've heard the wedge breakout narrative too many times, and every time it's an "entry opportunity." So, what's the result?
View OriginalReply0
RugResistant
· 11h ago
The narrative of a falling wedge breakout has been heard many times before. Is this time reliable... with an 85-90% upside potential, it's said so easily.
ENJ should have already rebounded long ago; it all depends on whether it can truly stabilize at this level.
Successful retest? Let's wait and see first, don't rush to get in.
It feels like another opportunity to cut the leeks.
A good-looking pattern doesn't mean it can fly; funds are the real boss.
View OriginalReply0
ContractHunter
· 11h ago
How many times do I have to hear about the falling wedge breakout strategy? It's not like I haven't been crushed by it before.
ENJ technical analysis shows some highlights. Recently, the trend has formed a clear descending wedge, and the breakout has been completed. It is currently in the retest phase. If the retest is successful and it stabilizes, a strong rebound is expected. Based on pattern analysis, the potential increase could reach 85-90%. The next few days are worth closely monitoring the performance at this level. Once an effective breakout is confirmed, it could be a good entry opportunity.