$ENJ 24h rose 24.511%, yet the price fell from 0.03719 an hour ago to 0.0362, while the trading value also expanded to 5.1 times the 24h average—volume pushing downward, and the chasers got slapped in the face!
The active buy/sell ratio is 0.897; in just 15 minutes it dropped to 0.802, with sell orders getting eaten. Position value increased only 0.95%, the funding rate is -0.0556%. Shorts pay fees to longs every hour, but the price didn’t get pushed up. High volume without increased positions, and buy-side strength not dominant—more like profit-taking being cashed out.
Only after reclaiming above 0.03719 can buyers be said to have taken control again; if it breaks below the 24h low of 0.02861, this move will need to be repriced.
#ENJ
The active buy/sell ratio is 0.897; in just 15 minutes it dropped to 0.802, with sell orders getting eaten. Position value increased only 0.95%, the funding rate is -0.0556%. Shorts pay fees to longs every hour, but the price didn’t get pushed up. High volume without increased positions, and buy-side strength not dominant—more like profit-taking being cashed out.
Only after reclaiming above 0.03719 can buyers be said to have taken control again; if it breaks below the 24h low of 0.02861, this move will need to be repriced.
#ENJ
