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CryptoSat

$ENJ Crashes 35% After Hitting 0.10339


Enjin Coin spiked to $0.10339 then got rejected hard — now trading at $0.071, down by 35% in a sharp pullback.
This is a violent move after the recent rally. High volatility continues in the altcoin space.
Watch the $0.071 – $0.074 zone for possible support. Quick flush or bounce loading? 👀
ENJ-14,99%
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PatchNotes
· 5h ago
Pushed up to 0.103 and then pushed back down, a typical case of profit-taking selling after a rally. Don't chase the high.
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SeaSaltFlavorAirdrop
· 5h ago
This trend looks like it first lures more buyers and then pulls back; the key is whether the next few candlesticks show increased volume to support the move, otherwise the rebound could easily be followed by a second decline.
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NightTideShell
· 5h ago
This pullback is too fierce; can 0.071 hold the key?
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OrderCancellerAfterTheRain
· 5h ago
I'm also watching the 0.071-0.074 range; if the trading volume doesn't follow, it might need to test lower again.
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RiskOffRina
· 6h ago
Recently, knockoff projects have been experiencing sudden volatile swings, and ENJ just cleaned out the short-term leverage quite thoroughly.
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ReorgSurvivor
· 6h ago
The current issue is that emotions are too restless; a rebound might be an opportunity to reduce positions; I really want to buy the dip and wait for the structure to stabilize before acting.
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MempoolMaggie
· 6h ago
If it quickly rebounds around 0.071, it can still be considered a healthy correction; if it falls below, don't force it—wait for stabilization.
View OriginalReply0

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