#Gate蓝龙虾重磅上线 【$ETH Signal】Pullback to buy! 1H RSI bottom divergence, clear signs of main force supporting the market

$ETH The 1H timeframe is oscillating around a critical support zone, with the price retracing to near the 4H EMA50 moving average. The 1-hour RSI shows a bottom divergence signal, with the price making new lows but momentum not following, indicating a typical rebound precursor. Although the 4H trend is somewhat weak, open interest remains stable, and the funding rate is negative. Combined with order book data, sell orders are accumulating above 2019, while buy depth is concentrated around 2018-2019, showing that the main force has an intention to support the market at key levels. Short-term, the bears are weak.

🎯Direction: Long

⚡Entry/Order: 1997 - 2002

🛑Stop Loss: 1954

🚀Target 1: 2195

🚀Target 2: 2291

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price. Use a trailing stop for the remaining position; if the price retraces and breaks even, exit all positions.

Depth Logic: The current price has entered the optimized suggested entry zone, which offers an excellent risk-reward ratio for a long position. The 1-hour momentum indicator (RSI) diverges from the price, indicating waning downward momentum. Despite the overall market sentiment being bearish, open interest has not dropped sharply in panic, and buy orders are deep and thick near round numbers, often signaling accumulation or support by the main force. In a negative funding rate environment, once the price stabilizes, it can easily trigger short covering and short squeeze rallies.

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