
Enjin Coin (ENJ) surged more than 53% within a single day, reaching a price range of $0.029 to $0.035, driven by strong market demand and record trading volumes exceeding $105 million on some platforms. Futures open interest hit an all-time high of $74.68 million, signaling fresh capital inflows and bullish sentiment. Despite the rally, technical indicators suggest the coin may be overbought, with the RSI near 82, and analysts warn of potential buyer fatigue. Traders should watch key resistance at $0.033 to $0.038 and support near $0.025 for signs of the next move.