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【$ENJ Signal】Pullback to buy, 1H level funds clearly support
$ENJ The 1H level fluctuates sharply between 0.0282-0.0309, 4H MACD red bars contract, bullish momentum temporarily pauses. Current price is 0.0295, 1-hour RSI is 58, not overheated. Market depth shows strong buy orders below 0.0293, exceeding 2 million contracts, fully exposing the funds' support intention.
🎯Direction: Long
⚡Entry/Order: 0.0285 - 0.0290
🛑Stop loss: 0.0254
🚀Target 1: 0.0402
🚀Target 2: 0.0461
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect principal.
The 4H Bollinger middle band at 0.0230 provides strong support, with price trading above it. Position volume remains stable, negative funding rate of -0.31% suggests high short-term holding costs, indicating potential short squeeze. The 1-hour EMA20 near 0.0285 coincides with dense buy orders below, forming resonant support. Under this structure, the risk-reward ratio exceeds 4, making it a good ambush opportunity.
Check real-time market 👇 $ENJ
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