Binance Adds Risk Warnings for Major Tokenomics Changes
Binance Introduces Risk Warnings: Starting October 1, 2024, Binance will implement risk warning banners and pop-up notifications for tokens that have undergone significant changes in their tokenomics, enhancing transparency and user awareness before trading.
Commitment to User Safety: This initiative reflects Binance's dedication to community feedback and aims to create a safer trading environment by helping users make informed decisions regarding high-risk investments.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ENJ
Technical Sentiment Analysis for Enjin Coin (ENJ) As of , Enjin Coin (ENJ) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ENJ stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ENJ is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Enjin Coin (ENJ) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00846 | 0.0134 | 0.0185 | 0.0235 | 0.0286 | 0.0335 | 0.0386 |
| Fibonacci | 0.0134 | 0.0172 | 0.0196 | 0.0235 | 0.0273 | 0.0297 | 0.0335 |
About ENJ
About the author
