As tempting as it might be to jump on the Enjin Coin ( ENJ ) up move, we think you should hold off.

Enjin Coin ( ENJ ) is hitting big resistance from a big reaction low in July and a significant resistance cluster near 805. If Enjin Coin ( ENJ ) can rise above that level on volume , there could be a move to a previous fourth wave at 905.

Bottom Line: Don't chase altcoins unless they prove they are breaking out.

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