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【$ETHUSDT Signal】Pullback confirmation, breakout on the right side imminent
$ETHUSDT 1H level shows a volume contraction pullback to EMA20, with buying pressure building a dense defense near 2155. Although the 4H MACD histogram is shrinking, the fast and slow lines remain above zero, indicating the bullish trend is intact. Market depth data shows buy orders far exceed sell orders, with clear capital support intentions.
🎯Direction: Long
⚡Entry: Enter immediately at the current price around 2155, or wait for a pullback to 2142-2148 area to accumulate in batches.
🛑Stop loss: Below 2100
🚀Target 1: 2197
🚀Target 2: 2236
🛡️Trade management:
- Execution strategy: Reduce half of the position after reaching 2197, and move the remaining stop loss up to the entry price. If the price fails to hold above 2155 and quickly breaks below 2142, consider exiting early.
Position size remains stable, and no panic selling occurs during pullbacks, indicating good chip locking. The 1-hour RSI has healthy retraced from overbought territory to 64, providing room for another upward move. Coupled with negative funding rates, there is a risk of short squeeze. The risk-reward ratio is maximized at this position, with the key being whether it can quickly break through the previous high of 2167 to form a right-side confirmation.
View real-time market 👇 $ETHUSDT
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