【$ENJ Signal】Short squeeze retest, sniper second surge

$ENJ 1H timeframe surges then consolidates at high levels, 4H Bollinger Bands widen significantly, price close to upper band. RSI on 1H at 77, on 4H soaring to 85, short-term buying momentum overheated. Key point is negative funding rate -0.031% combined with firm price, a typical short squeeze structure, with bears passively paying fees.

🎯Direction: Pullback to go long

⚡Entry/Order: Set near 0.08951

🛑Stop loss: 0.04408

🚀Target 1: 0.09130

🚀Target 2: 0.10704

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

1H MACD histogram begins to contract, but 4H MACD still expanding strongly. Market depth shows buy orders 50% thicker than sell orders, indicating clear capital support intent. In this negative funding rate environment, sideways price action often digest short-term profit-taking, building momentum for the next rally. Risk-reward ratio here is worth a try.

Check real-time quotes 👇 $ENJ
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