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【$ENS Signal】Bearish traders release at the end, 0.89 long order lurking
$ENS 1H MACD histogram negative value expands to -0.0066, RSI bottoms out at 51 and does not continue to decline. 4H Bollinger middle band at 0.8552 forms strong support, funding rate -0.5368% extremely negative, indicating extreme bearish crowding. Buy order depth 1.12 shows accumulated orders below gradually building up.
🎯Direction: Long (place order)
⚡Entry/Order: 0.89 - 0.92
🛑Stop loss: 0.85
🚀Target 1: 0.96
🚀Target 2: 1.00
🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss up to entry level. If price surges directly to 1.0 and stabilizes, add to long positions.
Depth logic: Negative funding rate combined with shrinking volume signals clear exhaustion of bears, 4H bullish trend remains intact, risk-reward ratio here is favorable.
Check real-time market 👇 $ENS
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