【$ETH Signal】Pullback to Long + 1H RSI Bottom Divergence, Main Force Support Signs
$ETH The 1H timeframe forms a double bottom near 1905, with RSI showing bottom divergence, and the price refusing to make new lows. Although the 4H timeframe is in a downtrend channel, open interest remains stable, and the price has not made new lows under negative funding rates, indicating a potential short squeeze rebound opportunity.
🎯Direction: Long (Long)
⚡Entry/Order: 1929.19 - 1938.88
🛑Stop Loss: 1900.00
🚀Target 1: 1980.00
🚀Target 2: 2020.00
🛡️Trading Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry point. Trail the remaining position for take profit; if the price falls below the 1H EMA20 (about 1957), exit all positions.
Deep Logic: The price has fallen more than 4% from the 4H high, but open interest remains stable, with no signs of large-scale panic selling by longs. The order book shows a huge sell order at the first level (1938.89) with 70.5 ETH, a typical main force support and accumulation pattern. The 1H RSI (44) has exited the oversold zone and forms a bottom divergence with the price. Coupled with negative funding rates, a short squeeze rebound is imminent. The 1900 level below is a key psychological and previous low support.
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【$ETH Signal】Pullback to Long + 1H RSI Bottom Divergence, Main Force Support Signs
$ETH The 1H timeframe forms a double bottom near 1905, with RSI showing bottom divergence, and the price refusing to make new lows. Although the 4H timeframe is in a downtrend channel, open interest remains stable, and the price has not made new lows under negative funding rates, indicating a potential short squeeze rebound opportunity.
🎯Direction: Long (Long)
⚡Entry/Order: 1929.19 - 1938.88
🛑Stop Loss: 1900.00
🚀Target 1: 1980.00
🚀Target 2: 2020.00
🛡️Trading Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry point. Trail the remaining position for take profit; if the price falls below the 1H EMA20 (about 1957), exit all positions.
Deep Logic: The price has fallen more than 4% from the 4H high, but open interest remains stable, with no signs of large-scale panic selling by longs. The order book shows a huge sell order at the first level (1938.89) with 70.5 ETH, a typical main force support and accumulation pattern. The 1H RSI (44) has exited the oversold zone and forms a bottom divergence with the price. Coupled with negative funding rates, a short squeeze rebound is imminent. The 1900 level below is a key psychological and previous low support.
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