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ETH short-term technical indicators show positive signals:
- 1H timeframe: Price is supported by the EMA20 moving average, consolidating in the 2030-2040 range, with a stable short-term structure.
- 4H timeframe: Holding above the EMA50 moving average, the medium-term trend remains intact. The current pullback presents a good short-term buying opportunity.
- Market structure: Open interest remains stable, buy-side depth is sufficient, strong support levels below, and the main force's intention to defend the price is clear.
🎯 Trading direction: Long
⚡ Entry range: 2026 – 2034
🛑 Stop-loss: 1983
🚀 Target levels:
- First target: 2113
- Second target: 2156
Risk management:
After reaching the first target, reduce position by 50% and move the stop-loss up to the entry price; the remaining position continues toward the second target. If the price retraces to breakeven, exit all positions to lock in profits.