$ETH Signal】1H breakout pullback, bulls gathering strength


$ETH The 1H timeframe just completed a volume-driven rally, with the price piercing through the upper band from the lower Bollinger Band, currently experiencing a slight pullback to the midline. The 4H MACD histogram has contracted near the zero line, indicating weakening bearish momentum. Market depth shows sparse sell orders, with significant buy orders accumulating in the 2190-2200 range.

Price retraced to the 2203-2212 zone and directly added long positions; this range is the resonance zone where the 1H EMA20 aligns with the previous breakout point.

🛑Defense should be placed below 2170; a breakdown would break the structure.

🚀First target is 2297, which is the upper band of the 4H Bollinger and the recent high-pressure zone.

🚀Second target is 2339, with space opening above the previous high after a breakout.

🛡️Trading management:
- After reaching TP1, halve the position; move the stop loss of the remaining position to the entry price. If the price fails to stay above 2215 and falls back to the entry zone, exit proactively and observe.

The 1H MACD fast and slow lines crossed above the zero line and quickly moved upward, with the histogram continuing to expand, a clear sign of short-term momentum shift. Meanwhile, the 4H price remains firmly above the EMA50, supporting the medium-term trend. The most intriguing aspect is that after the volume-driven bullish candle, the price did not sharply retreat but instead consolidated at high levels, digesting the gains. This usually indicates that major funds have not exited but are cleaning out floating positions. The current risk-reward ratio is close to 2:1, making it a promising short-term opportunity.

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