#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #原油价格上涨 【$ENA Signal】Pullback Long! 1H level retest of strong support, obvious signs of main force protecting the floor

$ENA 1H level is currently oscillating near the key support area of 0.1025, price has broken below short-term moving averages, but 4H open interest remains stable with no signs of panic selling. Order book data shows that below the 0.1020-0.1027 range, the bid depth is unusually thick, far exceeding ask depth, suggesting large capital is protecting the floor and accumulating at this range. 1-hour RSI is approaching 46, momentum is neutral-to-weak, but not yet in oversold territory, representing a healthy pullback. Combined with negative funding rates, short squeeze risk is accumulating.

🎯Direction: Long (pullback dip-buy)

⚡Entry/Limit Orders: 0.1024 - 0.1027

🛑Stop Loss: 0.0999

🚀Target 1: 0.1139

🚀Target 2: 0.1195

🛡️Trade Management:

- Execution Strategy: Reduce position by 50% upon reaching Target 1, and move stop loss up to entry price. Trail remaining position with take-profit to capture more upside. If price fails to hold above 0.1040 (1H EMA20), consider early position reduction.

( Deep Logic: Although price has dropped, open interest remains stable, not main force distribution but rather washout from long liquidations. Bid-ask imbalance reaches 28%, with massive buy orders stacked below forming a solid support wall. 1-hour EMA50 (0.1037) and 4-hour EMA20 (0.1035) form a confluence support zone, price retesting this area is an excellent low-buy opportunity. In a negative funding rate environment, any price rebound will accelerate short covering, creating a short squeeze scenario. )

Check real-time market data 👇 $ENA

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