【$ETH Signal】Long + 4H Breakout and Retest Confirmation

$ETH The 1H timeframe has experienced a rapid rally and is now pulling back to key support areas for consolidation. The 4H timeframe has formed a clear upward trend, with the price stabilizing above short-term moving averages. The current correction is a healthy profit-taking move rather than a trend reversal. Market depth data shows strong buy orders around $2000, providing solid support for the price. Open interest remains stable, indicating that funds have not exited en masse, and the bullish structure remains intact.

🎯Direction: Long

⚡Entry/Order: 1992.5 - 2001.0

🛑Stop Loss: 1951.2

🚀Target 1: 2075.1

🚀Target 2: 2116.4

🛡️Trade Management:

- Execution Strategy: After reaching the first target at 2075.1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through the second target, consider holding some positions for a larger trend.

(Depth Logic: The 4H chart shows the price has broken above the recent consolidation upper boundary with strong momentum. The 1-hour RSI has cooled from overbought territory to a neutral zone, preparing for another upward move. Although the latest 1-hour buy ratio is not high, combined with the overall bullish background, this is more likely a shakeout by the main players. The support zone around 1950-1960 provides multiple technical supports, with clear stop loss levels and a favorable risk-reward ratio. )

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