$ENJ Key Signal Breakdown (Bottoming/Shakeout/Support/Run-up)



✅ Bottoming Signal: Full Confirmation

- Price continuously declined from 0.02027, dipped to 0.01978, then rebounded with consecutive bullish candles, no longer making new lows

- MACD golden cross, price above MA7/MA25, confirming that the downward momentum has completely exhausted, and the bottoming signal is 100% confirmed

✅ Support Signal: Clear and Strong

- The low at 0.01978 shows increased volume with bullish candles, indicating funds are supporting the bottom and protecting the market

- After the price stops falling, MA7 and MA25 turn upward, forming a short-term bullish support zone, making the support structure very solid

✅ Run-up Signal: Clear and Proactive

- Continuous bullish candles on the 15-minute chart show a rally, from 0.01978 directly to 0.02008, an increase of over 1.5%, a typical sign of active main funds driving the rally

- The rally is accompanied by sustained volume increase, indicating the funds driving the rally are not fleeing, chips are stable, and the intention to push up is clear

⚠️ Shakeout Signal: The decline is a shakeout

- The previous decline from 0.02027 to 0.01978 was a trap set before the rise, aimed at shaking out floating chips and preparing for the subsequent rally

- After the shakeout, a quick V-shaped recovery occurs, indicating a strong shakeout that does not change the upward trend
ENJ-1.23%
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