【$ENJ Signal】Pullback Confirmation After Short Squeeze Bounce

$ENJ 4H timeframe: Massive surge breaking through long-term downtrend line (phenomenon), volume reaches record high, but OI did not surge correspondingly, indicating main force primarily pulling spot market, with limited futures follow-through (fund verification). Current price retraces on low volume to breakout level and near EMA20, selling pressure exhausted, characteristic of healthy profit-taking and shakeout (conclusion).

🎯 Direction: Long

⚡ Entry: 0.0225 - 0.0230

🛑 Stop Loss: 0.02146

🚀 Target: 0.02564 / 0.02703

🛡 Strategy: Reduce position by half at target 1, move remaining position to breakeven, pursue higher gains.

View live chart 👇 $ENJ
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