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$ENJ Signal】Short Squeeze Rebound, Pullback Confirmation
$ENJ 4H timeframe massive bullish candle broke through long-term downtrend line (phenomenon), trading volume surged nearly 30 times, but OI remained stable without spike, indicating spot-driven movement rather than leverage frenzy (fund verification). Current price retraced over 20% from high, consolidating at breakout level with reduced volume, representing healthy shakeout, bullish structure intact (conclusion).
🎯 Direction: Long
⚡ Entry: 0.0225 - 0.0230
🛑 Stop Loss: 0.0210
🚀 Targets: 0.0262 / 0.0279
🛡 Strategy: Reduce position