【$ENJ Signal】Pullback to go long, short squeeze structure begins to form

$ENJ 4H level volume breakout above the Bollinger upper band, and the price has already moved far away from the EMA20. The 1H RSI has surged to 80; the buy-side momentum has a gap. The risk of chasing highs in the short term is increasing sharply.

🎯 Direction: Pullback to buy

⚡ Entry/Order: 0.02638 - 0.02706

🛑 Stop Loss: 0.02370

🚀 Target 1: 0.04052

🚀 Target 2: 0.04725

🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to the break-even level. If the price drops back into the entry zone, automatically exit to protect the principal.

The funding rate is -0.65%. The cost for short positions is extremely high, creating potential fuel for a short squeeze. The 4H MACD histogram continues to expand, and momentum has not yet started to fade. The order book shows that the buy orders accumulated below 0.0341 are far thicker than the sell orders, indicating a clear intention to support with funds. This negative funding rate, together with a price-resilient structure, often builds up for a rapid upside cleanup (upward sweep).

View real-time market 👇 $ENJ
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