#Gate13周年 ENJ The current trend is already quite clear and can be directly structured accordingly.

The current price is around 0.049, which is in the high consolidation stage after a rally.
Previously, there was a volume-driven surge, from 0.018 up to above 0.05, indicating the involvement of major funds, not just retail traders.
The current state is that the price is sideways without falling, with moving averages gradually rising to form support, and trading volume has decreased compared to the initial stage. This structure essentially indicates dominant players controlling the consolidation, waiting for the next move.
Long position strategy
You can participate with small positions near the current price.
Ideally, buy-in should be in the range of 0.047 to 0.048.
Place stop-loss below 0.045.
First target is 0.052.
Second target is 0.055.
The logic is that as long as the structure remains intact, it is a strong oscillation; as long as funds are still in, there is a possibility of a second surge.
If the price breaks through 0.052 with volume and stabilizes, consider following the trend.
Target range is 0.055 to 0.058.
Note that a volume-less breakout is likely a false breakout; do not chase blindly.
If it falls below 0.045, it indicates this wave's structure has weakened, and a decisive stop-loss is needed.
Once this coin weakens, the decline usually accelerates quickly.
The current position is not the starting point of a rally but an area controlled by major players.
This is a second wave pattern, not the first wave initiation.
You can buy low, but must wait for confirmation before chasing high.
If the level is broken, stop-loss must be executed.