【$ETH Signal】1H oversold rebound trading, targeting the upper boundary of the 4H downtrend channel

$ETH The 1H RSI has fallen to 27.84, entering an extremely oversold zone. The price is consolidating in the 1926-1966 range, forming a small platform at the 1-hour level, indicating a short-term technical rebound. The 4H remains clearly within a downtrend channel, but the last 4-hour candle closed with a long lower shadow, showing buying resistance below. Open interest remains stable and has not sharply decreased with the price drop, suggesting it’s not purely a bull trap and there may be main force support.

🎯 Direction: Long (Long) - Short-term rebound trading

🎯 Entry/Order: 1955.00 - 1960.00 ( Reason: Upper part of the 1H small platform, holding above EMA20_1H )

🛑 Stop loss: 1925.00 ( Reason: Break below the previous low of the 1-hour platform and the intraday low of 1926.83 )

🚀 Target 1: 1990.00 ( Reason: Nearby the previous minor resistance on the 1H level and EMA50_1H )

🚀 Target 2: 2020.00 ( Reason: Upper boundary of the 4H downtrend channel and strong resistance at EMA20_4H )

🛡️ Trading management:

- Position suggestion: Light position ( Reason: The 4H main trend is still downward; this is a counter-trend rebound trading )

- Execution strategy: After reaching Target 1, move the stop loss up to the entry price of 1955. If the price strongly breaks through 1990 and stabilizes, hold the remaining position towards Target 2. If the price hovers in the entry zone for more than 2 one-hour candles without moving up, consider exiting early.

Deep logic: Market depth shows buy orders (bids) are stacked much thicker than sell orders (asks), with an imbalance of 91.56%, and support below is dense. Negative funding rates indicate bears are dominant, but a rebound could trigger short covering (short squeeze) and accelerate the rise. The 1H RSI bottom divergence is brewing, and rebound momentum is building. The key is whether the price can quickly recover 1970 and hold above it, which will confirm a short-term bullish return.

Trade here 👇 $ETH

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