【$ENJ Signal】Pullback Entry with Multiple Positions | Negative Funding Rate Short Squeeze Expectation

$ENJ Funding Rate -0.2755%, Shorts continue to pay, but the 1H MACD energy bars are narrowing, indicating weakening buying momentum. The upper band of the 4H Bollinger Bands at 0.0474 has been broken through, current price at 0.04767 is above the upper band, and a retest of the middle band at 0.0431 is still pending.
🎯Direction: Long (Pullback Limit Orders)
⚡Entry/Limit Orders: 0.04429 - 0.04570 (Near EMA20_1H)
🛑Stop Loss: 0.04393
🚀Target 1: 0.04765
🚀Target 2: 0.04784
🛡️Trade Management: - Execute strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to 0.04700. If the price falls back into the entry zone, automatically exit to protect capital.
Current risk-reward ratio is very low, but the negative funding rate combined with stable open interest suggests that once shorts are mostly closed, a short squeeze pulse could easily form.
View real-time market 👇 $ENJ
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