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【$ETHUSDT Signal】Pullback to buy, main force clearly intends to support
$ETHUSDT After a surge on the 1H timeframe, the price pulls back and lands right at the EMA20 support zone. The middle band of the 4-hour Bollinger Bands is trending upward, MACD histogram continues to expand, indicating that bullish momentum has not yet exhausted.
🎯Direction: Long
⚡Entry/Order: Buy in batches around 2008 - 2014
🛑Stop Loss: Below 2014
🚀Target 1: 1983
🚀Target 2: 1971
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Position size remains stable, and no large-scale liquidation occurs during price pullbacks, indicating that funds are not panicking and leaving the market. The 1-hour RSI has fallen from high levels to a neutral zone, providing a healthy retracement space. There is a clear accumulation of buy orders around 2059, fully exposing the support intent of the funds. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use limited risk to bet on a trend continuation.
Check real-time market 👇 $ETHUSDT
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