$ENJ Signal】Pullback to buy/major funds support, 1H level building momentum


$ENJ The 1H level retreated from the high of 0.05168, current price at 0.03796, fluctuating near the upper band of the 4H Bollinger Bands. Market depth shows thick orders below 0.0378, fully exposing the capital support intention. After the 4H MACD golden cross, the histogram is still expanding, but the 1H volume is shrinking, indicating a short-term pullback to confirm support.

🎯Direction: Pullback to go long

⚡Entry/Order placement: Batch accumulation in the range of 0.03136 - 0.03778

🛑Stop loss: 0.02706

🚀Target 1: 0.03996

🚀Target 2: 0.04426

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

The 1H RSI has fallen from overbought to 55, indicating healthy adjustment. Position volume remains stable, and the negative funding rate suggests a risk of short squeeze. The 4H level has broken through the long-term EMA50 resistance, shifting the structure to bullish. The current risk-reward ratio is not perfect, but there is dense support below, making a pullback an opportunity.

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