【$ENJ Signal】Pullback confirmation, secondary upward attack

$ENJ 1H level surge and pullback, the price is currently retesting the 4H Bollinger upper band and 1H EMA20 moving average convergence zone. Buy order depth is clearly accumulated around 0.0295, and selling pressure is being quickly absorbed. Negative funding rate of -0.1955% continues to exert pressure, but open interest remains stable, and bears are not actively increasing their positions. This position offers the maximum risk-reward ratio.

🎯Direction: Long

⚡Entry/Order: 0.02726 - 0.02796

🛑Stop Loss: 0.02460

🚀Target 1: 0.04140

🚀Target 2: 0.04812

🛡️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 to the entry level, automatically exit to protect capital.

MACD shows a bullish crossover on the 4H chart with still strong histogram bars. Although there is a minor death cross on the 1H level, the price has not dropped sharply, indicating a healthy correction. Market data shows the sell wall above 0.0296 is thinning, fully exposing the market’s bottom support intent. Under this structure, patiently waiting for a pullback to EMA support zone is more reliable than chasing highs.

View real-time market 👇 $ENJ
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