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【$ETH Signal】Pullback Long + 1H Retest Confirmation, Obvious Main Force Support Intent
$ETH 1H level is currently in a healthy pullback phase after a strong rally, with price oscillating around 2098, retesting the 1-hour EMA20 (approximately 2087) for support. The 4-hour level has already broken through the upper edge of the previous oscillation range, with the trend turning upward. Although current price is far from 1H EMA20, the order book shows buy orders accumulating below 2098, with obvious main force support intent. Negative funding rates suggest short squeezing risks, presenting an excellent pullback long opportunity.
🎯Direction: Long
⚡Entry/Pending Orders: Layer in within 2067 - 2083 range
🛑Stop Loss: 2067
🚀Target 1: 2114
🚀Target 2: 2133
🛡️Trade Management:
- Execution Strategy: When price reaches Target 1, reduce position by 50% to lock in profits, and move the stop loss of remaining position up to entry price. If price strongly breaks through Target 2, consider moving the remaining position stop loss up to Target 1 to pursue larger gains.
( Deep Logic: Open interest remains stable, with no capital outflow after price rally, indicating strong main force control. 1-hour RSI is in the healthy 57 zone with room for further upside momentum. Order book depth shows dense buy orders below 2098 forming short-term support cushion, while selling pressure above is relatively scattered, favoring price breakout. Combined with negative funding rates, the market has potential short squeezing momentum. )
View Live Charts 👇 $ETH
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