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

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

🎯Direction: Long

⚡Entry: 6.056 - 6.061 (Retest of EMA50 support 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 targets)

🛡Strategy: Close half position at target 1, move remaining position to breakeven, aim for target 2.

Logic: After price breaks through the key neckline, market logic has shifted from range consolidation at bottom to uptrend. Stable open interest indicates that long positions have not been liquidated, and major funds show strong intention to lock in positions. Current positive funding rate (0.0047%) weakens short arbitrage motivation, reducing selling pressure. Depth data balance (Bid/Ask Ratio=1.0) shows that bullish and bearish forces are temporarily balanced at current levels, with retest of support being the path of least resistance for going long. Shorts have not significantly increased positions after the breakout, lacking fuel to suppress prices; any volume contraction on retests is major fund accumulation behavior.

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