【$ETH Signal】Pullback to Long! 1H Oversold Rebound + 4H Key Support Zone Laying in Wait

$ETH The 1H timeframe has entered a severely oversold zone, with signs of a price bottoming near 1938. RSI on the 1H chart has dropped to 36.95, indicating a technical rebound demand. The 4H chart shows the price testing the lower boundary of a previous dense trading zone, open interest remains stable, no signs of panic selling, and the main force's support intentions are subtly visible. Currently, the price is far from the 1H EMA20, chasing longs at this point carries high risk, and a better entry setup must be waited for.

🎯Direction: Long (Pending Orders)

⚡Entry/Pending Order: 1888.27 - 1925.10

🛑Stop Loss: 1850.00

🚀Target 1: 1980.00

🚀Target 2: 2020.00

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price does not reach the entry zone, never chase high.

(Depth Logic: The order book shows a large sell wall at the top, but buy depth below remains decent, which is a typical sign of a shakeout to absorb buy orders. The 1H RSI has formed a preliminary bullish divergence, indicating weakening bearish momentum. The 4H EMA50 (1969) provides medium-term dynamic support, combined with negative funding rates, suggesting a potential short squeeze rebound scenario. )

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