【$ENA Signal】1H Level Rebound Confirmation, Trap Short Squeeze

$ENA The 1H level has formed a double bottom structure near 0.0950 and rebounded with increased volume. Currently, the price has stabilized above the 1H EMA20 (0.0993), indicating a short-term momentum return. Although the 4H level is still in a downtrend channel, the latest 4H candlestick shows a long lower shadow, indicating strong buying in the 0.0950 area. Combined with negative funding rates (-0.0031%) and stable open interest (OI), conditions for a short squeeze (Short Squeeze) are brewing.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0980 - 0.0985

🛑Stop Loss: 0.0949

🚀Target 1: 0.1025

🚀Target 2: 0.1050

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss up to the entry price of 0.0985. Trail the remaining position for take profit; if the 1H closing price falls below the EMA20 (dynamically), exit all positions.

Deep Logic: The 1H RSI (42.08) has turned upward from oversold territory, forming a preliminary bullish divergence. The order book shows massive buy orders accumulated in the 0.0960-0.0970 range (totaling over 20 million USD), forming a strong support. Although the 4H trend remains bearish, the rebound momentum and capital support signals at the 1H level are clear. In a negative funding rate environment, once the price breaks through the psychological level of 0.1000, it may trigger short stop-loss orders, leading to a rapid surge.

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