【$ENJ Signal】Long | Negative Funding Rate Short Squeeze Opportunity

$ENJ Funding Rate -0.2899%, Short positions are at an all-time high cost. 1H RSI 53.77, buying pressure is densely absorbed around 0.0325, the 4H Bollinger upper band at 0.0335 forms short-term resistance, but the middle band at 0.0299 provides strong support. Sell-side depth is only -1.83%, indicating limited selling pressure. The short positions are crowded, and once a rebound starts, it will be very rapid.

🎯Direction: long

⚡Entry/Order: 0.032502 - 0.032600

🛑Stop Loss: 0.032274

🚀Target 1: 0.033089

🚀Target 2: 0.033333

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

After a slight pullback, the price quickly recovers, open interest remains stable but funding rates are extreme. This structure usually indicates that shorts are about to be liquidated. The 1H MACD is slightly bearish, but the price refuses to drop sharply, showing clear willingness to buy lower. Risk-reward ratio is about 1.5, suitable for short-term sniper trades.

View real-time market 👇 $ENJ
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