【$ENJ Signal】Pullback Confirmation After Short Squeeze Rebound

$ENJ 4H timeframe massive surge breaking long-term downtrend line (phenomenon), trading volume reaches record high, but OI did not increase proportionally, indicating main force is primarily driving price through spot market, with limited futures following (fund verification). Current price pulling back with reduced volume to breakout level and near EMA20, selling pressure exhausted, this is a healthy profit-taking and wash-out (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, target higher levels.

View real-time chart 👇 $ENJ
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