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【$ETH Signal】Pullback to add longs + 1H level rebound confirmation
After repeatedly testing the 1960-1980 range on the 1H level, the latest one-hour candle closed with a bullish line, indicating short-term selling pressure is weakening and a rebound is needed. Although the 4H level is still in a downtrend channel, the price has moved away from the moving average, leaving room for technical correction. Open interest remains stable with no signs of panic selling, combined with negative funding rates, suggesting potential short squeeze.
🎯Direction: Long
⚡Entry/Order: 1945.0 - 1965.0
🛑Stop Loss: 1925.0
🚀Target 1: 2015.0
🚀Target 2: 2045.0
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position for Target 2. If the price pulls back and breaks below the moving stop loss, exit all positions.
$ETH Depth Logic: The 1-hour RSI has turned upward from a low, indicating momentum recovery. Order book data shows dense buy orders forming support below 1980. The 4-hour price is approaching the recent lower boundary of consolidation, and open interest has not decreased with the price decline, suggesting it is not institutional dumping but rather long leverage cleaning. The current price is near the upper end of the suggested entry zone, waiting for a slight pullback before entering.(
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