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【$ENJ Signal】Short squeeze rebound / pullback confirmation
$ENJ Daily chart volume broke above the long-term downtrend line, with a single-day increase of over 21%, indicating clear capital inflow. After a rally on the 4-hour level, a contraction pullback occurred, with active buying pressure (bid_ask_ratio_depth 0.69) showing solid support below. The depth imbalance (-18.68%) suggests limited selling pressure, characteristic of a healthy correction. Price remains resilient in a negative funding rate environment, with forced liquidation pressure on shorts gradually accumulating.
🎯 Direction: Long
⚡ Entry: 0.0248 - 0.0252
🛑 Stop Loss: 0.0226
🚀 Targets: 0.0290 / 0.0315
🛡 Strategy: Halve the position at Target 1, move the remaining to breakeven, and aim for Target 2.
View real-time chart $ENJ
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