$ENJ Signal】Pullback to go long, 1H level funds support exposed


$ENJ After the 4H level price surged and then pulled back, it is currently stable above the Bollinger upper band, and the bullish pattern has not been broken. The 1H RSI has fallen from overbought to 56, and the selling pressure was quickly absorbed after a break in buying volume. Market depth shows very thick orders around 0.0378, indicating clear support from funds.

🎯Direction: Long

⚡Entry/Order: 0.03779

🛑Stop Loss: 0.02706

🚀Target 1: 0.03996

🚀Target 2: 0.04426

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

The 4H MACD histogram is still expanding, indicating trend momentum continues. The 1H price pullback to the EMA20 support line, while open interest remains stable, with no signs of large-scale long exits. Negative funding rates are squeezing shorts, combined with dense buy orders below, making the price resilient. This risk-reward ratio is worth trying, but stop-loss must be set properly to prevent trend reversal.

Check real-time market 👇 $ENJ
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