【$ENJ Signal】Short squeeze pullback, sniper for a second surge

$ENJ 1H timeframe rises then pulls back, 4H Bollinger Bands fully open, price breaks above the upper band. 1H MACD histogram contracts, but the price refuses to fall sharply, with active buying around 0.088. Negative funding rates combined with firm prices suggest a risk of short squeeze.

🎯Direction: Pull back to go long

⚡Entry/Order: Enter directly around 0.09310, aggressive traders can try a small position at the current price of 0.09357.

🛑Stop loss: 0.04418

🚀Target 1: 0.09200

🚀Target 2: 0.10795

🛡️Trade management:
- Execution strategy: Reduce half of the position when the price reaches 0.09200, move the remaining stop loss up to the entry price. If the price cannot hold above 0.0900 and quickly falls back, consider exiting early.

Order book depth shows thin sell orders, with sparse resistance above. 1H RSI has fallen from a high to 76, providing some breathing room. 4H MACD remains in a bullish crossover, with momentum still expanding. Under this structure, the price is more likely to continue higher after a brief consolidation, and the risk-reward ratio is worth a try in the current zone.

Check real-time quotes 👇 $ENJ
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