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Instead of gambling recklessly on knockoff coins, why not come and reason with me!
$ENSO The short squeeze structure has already been established, and the shorts are now losing money by holding their positions.
Funding rate -0.3319%, Open Interest has increased by 15.1%, when you see these two data points together, tell me who is building the position? Retail investors can't create such movements. Shorts are bleeding every hour, the longer it lasts, the more uncomfortable it becomes, clearly a squeeze is being forced.
The long-to-short ratio is 53.5%, with longs in the lead, which isn't extreme, indicating there are still many shorts not cleared out, and the squeeze space remains.
I have already gone long myself, and I can enter around the current price. Set the stop loss at 0.836, a small dip doesn't count, avoid hitting integer levels. The target is to take partial profits at 1.20, and for the rest, see how far it can run; if it holds at 1.31, keep holding.
Don't go all-in on your position; this kind of volatile meme coin structure swings widely. Enter with a small position, and if it rises, move the stop loss upward—don't try to catch the top.