【$ENJ Signal】Waiting for a callback, ambush to buy more

$ENJ After a surge to the 1H level, the price has already broken above the 4H Bollinger upper band at 0.0655, 1H RSI reached 74.78, indicating buying strength has entered overbought territory. The 4H MACD histogram is still expanding, but the trading volume at the 1H level did not continue to increase after the last bullish candle, showing initial signs of volume-price divergence. Market depth shows buy orders are slightly dominant, but the advantage is weak.

The current price of 0.06722 has already far exceeded the upper boundary of the suggested entry zone, chasing the high directly offers poor risk-reward. A more prudent strategy is to wait for a healthy pullback to release overbought sentiment.

🎯Direction: Buy on pullback (place order)

⚡Entry/Order placement: Conceal near the lower boundary of the 0.04759 - 0.06688 range, specifically place at 0.04800.

🛑Stop loss: 0.03721

🚀Target 1: 0.06836

🚀Target 2: 0.07874

🛡️Trade management: - Execute strategy: If the price touches the order level and rebounds, hold the position until Target 1, then halve the position, and move the remaining stop loss up to the entry price. If after placing the order the price continues to decline without forming a clear stop-loss candle pattern, abandon this trade.

The 4H EMA20 and EMA50 have formed a bullish alignment, and the medium-term trend remains intact. The risk-reward ratio of this pullback is worth waiting for; the key is to ensure the entry point is sufficiently safe to avoid catching falling knives. The transition from market frenzy to calm is often a better entry opportunity.

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