【$ENS Signal】Long | 4H Volume Breakout of Neckline, Major Fund Inflow Confirmed

$ENS The 4-hour chart shows that price broke through the key resistance at $6.154 (corresponding to the 4-hour K-line high) with volume surge during the 20:00-22:00 period, with trading volume surging to 138,816, the highest in recent times. This breakout is accompanied by Open Interest (OI) stabilizing at a high level of $642,017.5 with no divergence, indicating genuine new capital inflow rather than existing position speculation. The 1-hour RSI rose to 67.77, in a strong range but not overbought, with EMA20 (6.0911) and EMA50 (6.0562) forming a bullish alignment, providing dynamic support.

🎯Direction: Long

⚡Entry: 6.056 - 6.061 (EMA50 support retest zone)

🛑Stop Loss: 6.056 (break below EMA50 and lower end of entry zone)

🚀Targets: 6.078 / 6.087 (corresponding to previous high and extended target)

🛡Strategy: Reduce position by half at Target 1, move remaining position to breakeven, and target Target 2.

Logic: After price breaks through the key neckline level, market logic has shifted from consolidation building to uptrend. Stable open interest indicates long positions have not been liquidated, with major funds showing strong intent to lock positions. Current positive funding rate (0.0047%) weakens short arbitrage motivation, reducing selling pressure. Depth data balance (Bid/Ask Ratio=1.0) shows multi-short forces are temporarily balanced at current level, retest of support is the path of least resistance for going long. Shorts did not significantly increase positions after the breakout, lacking fuel to suppress price, and any volume contraction retest is major fund absorption behavior.

View Real-time Chart 👇 $ENS
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