【$ENJ Signal】Pull back to go long, with 1H-level funds supporting from underneath

$ENJ 4H-level MACD fast and slow lines widening upward, momentum bars continuing to expand, and price steadily holding above the Bollinger upper band. The 1-hour chart spikes up then pulls back, but buy orders depth near the EMA20 around 0.0580 is clearly strong, and sell pressure is absorbed quickly. Order book data shows sell orders piling up, but the price does not drop significantly—the intention of funds propping the market is exposed.

Price pulls back to around 0.06494, then go long directly—this is the bulls’ active defense zone.

🛑Stop loss must be placed below 0.03711, leaving enough room for potentially severe volatility.

🚀First target: 0.06796, hourly prior high resistance.

🚀Second target: 0.07824, corresponding to the extension area of the 4H Bollinger upper band.

🛡️Trade management:
- After price touches 0.06796, cut the position by half; move the remaining stop loss up to the entry price. If the price cannot hold at 0.06494 and turns downward, exit immediately.

A negative funding rate combined with a stable position size indicates that shorts are continuing to pay the costs. In this kind of environment, the price often rises more easily than it falls. The 1-hour RSI pulls back from the overbought zone to around 65, providing room for another push higher. The current risk-reward ratio is suitable—the key is to precisely capture the entry point, avoiding chasing at emotional peak highs.

Check the real-time market 👇 $ENJ
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