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【$ENJ Signal】Short Squeeze Rebound/Volume-Price Divergence/Pullback Confirmation
$ENJ 4H timeframe massive long yang candle breakout of long-term downtrend line (phenomenon), but subsequent K-line closes with long upper wick and trading volume shrinks dramatically, buying power lacks follow-through (fund verification). Current price pulling back to previous breakout level, need to observe if effective support forms, otherwise treat as false breakout followed by bull trap (conclusion).
🎯 Direction: Pending long order
⚡ Entry: 0.02270 - 0.02328
🛑 Stop Loss: 0.02210
🚀 Targets: 0.02802 / 0.03038
🛡 Strategy: Reduce half position at target 1, move to breakeven stop, deploy remaining position for target 2.
View live market 👇 $ENJ
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