【$ENJ Signal】Pullback to go long, 1H level funds clearly support the bottom

$ENJ After a surge and pullback at the 1H level, the current price consolidates around 0.0310. The 4H MACD shows a bullish crossover, indicating ongoing bullish momentum, but the 1H MACD histogram turns negative, suggesting a short-term correction is needed. The order book shows thick buy orders in the 0.0308-0.0310 range, fully exposing the funds' support intention.

🎯Direction: Long

⚡Entry/Order: 0.0308 - 0.0310

🛑Stop Loss: 0.0302

🚀Target 1: 0.0328

🚀Target 2: 0.0346

🛡️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.

Negative funding rate as high as -0.5%, short positions face significant cost pressure. The 1H RSI is at 62.65, still away from overbought. The 4H Bollinger upper band at 0.0328 forms the first resistance, but with a bandwidth of 84.9%, there is ample room for volatility. A large number of buy orders are stacked at the 0.0300 round number, quickly absorbing selling pressure. Under this structure, the risk-reward ratio exceeds 4 times, making the odds quite favorable.

View real-time market 👇 $ENJ
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