$ETH Signal】Pullback to add long positions, 1H-level short squeeze structure initially formed


$ETH The 1H-level price has moved above the upper band of the Bollinger Bands, and the 4H MACD histogram continues to expand, but the 1H MACD momentum is beginning to converge, indicating a typical technical pullback after a rally. Market depth shows that sell orders above 2150 far outnumber buy orders, making short-term upward attack resistance significant.

🎯Direction: Long (pullback orders)

⚡Entry/Order placement: Layered entries in the 2083 - 2100 range

🛑Stop loss: 2070

🚀Target 1: 2165

🚀Target 2: 2199

🛡️Trade management:
- Execution strategy: Reduce half of the position after the price reaches 2165, and move the remaining stop loss up to the entry price. If the price fails to hold above 2100 and drops below the entry zone again, abandon this setup.

The 4H price has broken above the upper Bollinger Band, which is usually accompanied by a technical pullback. The 1H RSI is at 77, indicating short-term overbought conditions that need to be digested. However, open interest remains stable, with no signs of large-scale capital withdrawal—more likely profit-taking. The support zone around 2080-2100 is where the 1H EMA20 and EMA50 converge, and also a dense area of the previous 4-hour candle bodies, indicating clear capital support. The current risk-reward ratio is close to 1:4, making the odds favorable.

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