【$ENJ Signal】A strong breakout on the 1H timeframe, with a short-squeeze structure starting to emerge

$ENJ 1H-level price has pushed through the Bollinger upper band at 0.0605; on the 4H timeframe, the MACD histogram continues to expand, and the order book depth on the buy side exceeds the sell side by 24%. The negative funding rate -0.1299% combined with firm price action signals a typical precursor to a short squeeze with a squeeze-up (short squeeze) setup.

Go long directly around 0.0609, with your defense placed below 0.0350. The first target is 0.0616, and the second target is 0.0705.

After reaching the first target, cut the position in half; move the stop loss on the remaining position up to your entry cost. With price strength under such a negative funding rate, it often means that short positions are under pressure, and the potential short-squeeze momentum tends to be more explosive than a purely bullish push. Volume on the 1-hour timeframe expands at the time of the breakout, but open interest remains stable—this is not simply a pump-and-dump.

Check the live market 👇 $ENJ
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