$ENJ Signal】Short squeeze pullback, sniper for a second surge


$ENJ 1H level surges then consolidates at high levels, 4H Bollinger Bands widen significantly, price hugging the upper band. RSI on 1H is at 77, on 4H spikes to 85, short-term buying momentum is overheated. The key point is the negative funding rate of -0.031% combined with firm price action, a typical short squeeze structure, with bears passively paying fees.

🎯Direction: Pullback to go long

⚡Entry/Order: Set near 0.08951

🛑Stop loss: 0.04408

🚀Target 1: 0.09130

🚀Target 2: 0.10704

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

1H MACD histogram begins to contract, but 4H MACD is still expanding strongly. Market depth shows buy orders are 50% thicker than sell orders, indicating clear capital support intent. In this negative funding rate environment, sideways price movement often absorbs short-term profit-taking, preparing for the next rally. The risk-reward ratio here is worth a try.

Check real-time market 👇 $ENJ
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