【$ENJ Signal】Short squeeze pullback, 1H level recharging for another attack

$ENJ 4H Bollinger upper band at 0.0611 pierced and pulled back, 1H level repeatedly tests in the 0.058-0.061 range. MACD 4-hour histogram still expanding, but 1-hour momentum is contracting, indicating short-term consolidation. Market depth shows buy orders are 91% thicker than sell orders, with clear capital support intent. Under a negative fee rate environment of -0.1843%, short position holding costs continue to exert pressure.

Price fluctuates below 0.0603, waiting for an effective pullback confirmation. This level offers a good risk-reward ratio, worth setting up an ambush.

⚡Entry/Order: within the 0.0452 - 0.0603 range, current price near 0.0603 can enter directly, or wait for a pullback to around 0.0580 to add in batches.

🛑Stop loss: 0.0358

🚀Target 1: 0.0639

🚀Target 2: 0.0733

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

1-hour EMA20 and EMA50 form a bullish alignment, with price trading above them. After a volume-increasing bullish candle on the 4-hour chart, it consolidates with reduced volume, indicating healthy turnover. Position volume remains stable, with no significant open interest decline caused by profit-taking, suggesting main funds are still in the market. Such sideways movement under a negative fee rate environment often prepares for the next pulse.

Check real-time market 👇 $ENJ
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