【$ENJ Signal】Pullback to buy / Main force's bottom support is obvious

$ENJ 1H level surge and pullback, price quickly dropped from 0.05168 to around 0.03796, the 4H Bollinger Bands have broken out of the upper band, but buying orders are heavily stacked in the 0.0378-0.0380 area, the capital support intention is fully exposed.

🎯Direction: Long

⚡Entry/Order placement: Enter directly around 0.03778

🛑Stop loss: 0.02706

🚀Target 1: 0.03996

🚀Target 2: 0.04426

🛡️Trade management:
- Execution strategy: After the price reaches 0.03996, halve the position, and move the remaining stop loss up to the cost price. If the price cannot hold above 0.0385 and drops below the entry level again, exit unconditionally.

Order book depth shows a very thick wall of orders below 0.0378, with over 1.8 million USD in buy support. The 4H MACD has a golden cross and the histogram is still expanding, but the 1H RSI has fallen from the overbought zone to 55, providing short-term buffer space. Negative funding rates suggest high short-term holding costs, and combined with stable open interest, this looks more like a violent shakeout followed by main force support. The risk-reward ratio is close to 1:2, making this position worth a small position to gamble on a rebound.

Check real-time market 👇 $ENJ
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