#Gate蓝龙虾重磅上线 【$ENA Signal】Pullback to go long! 1H pullback confirmation, main force clearly intends to defend the market

$ENA After a strong rally, the 1H timeframe is now pulling back to test the key EMA20 moving average for confirmation. Although the 4H timeframe is still in a consolidation zone, the latest 4H candlestick closed with a long bullish candle, indicating strong buying power. The current price has retreated from the high point, providing an excellent opportunity for a second entry.

🎯Direction: Long

⚡Entry/Order: 0.1025 - 0.1026

🛑Stop Loss: 0.1020

🚀Target 1: 0.1065

🚀Target 2: 0.1080

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and lock in partial profits, while moving the stop loss of the remaining position up to the entry price. If the price strongly breaks through Target 2, move the remaining position’s stop loss near Target 1 to aim for greater space.

Depth Logic: Although the price is rising, the open interest remains stable, indicating it’s not a bearish squeeze but genuine buying support. The 1-hour RSI is in a healthy zone and not overheated. Market depth shows unusually thick buy orders, with a large accumulation between 0.1040 and 0.1050, providing strong support for the price. Coupled with extremely low funding rates, there is no risk of long crowding. This pullback is a typical move by the main force to clear out floating positions, and a continued rebound is expected.

View real-time market 👇 $ENA

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