#Enj is currently at its major resistance level.
A downside movement is expected from this level.
The RSI (Relative Strength Index) is in the overbought area.
A short position with 2x or 3x leverage can be opened.
Ideal entry points are near $4.25 to $4.40.
The target price is set at $4.056 to $3.970.
The stop loss should be placed at a daily close above $4.497.
