【$ETH Signal】Pullback to go long, 1H timeframe charging up and ready to launch

$ETH The 1H timeframe is oscillating narrowly between EMA20 and EMA50, Bollinger Bands are squeezed to the extreme, and trading volume is shrinking. The 4H MACD histogram remains above the zero line, but bullish momentum is contracting. Market depth shows buy orders account for up to 97%, indicating strong willingness to support lower prices.

The current price is in the consolidation zone; chasing high directly offers poor risk-reward. Wait for the price to pull back to the 2322-2345 range, which is the resonance zone between the 1H EMA50 support and the previous high-volume trading area.

⚡Entry: Buy in stages as the price falls back into the 2322-2345 range.

🛑Stop-loss: Set uniformly below 2246.

🚀Target 1: The first target is around 2475, which is the resistance at the upper band of the 4H Bollinger Bands.

🚀Target 2: The second target is 2551, corresponding to the previous high-pressure zone.

🛡️Trade management: - Execution strategy: After the price reaches 2475, reduce half of the position, and move the remaining stop-loss up to the entry price. If the price cannot hold above 2345 and falls back below the entry zone, abandon this trade.

Funding rates have turned negative, but open interest remains stable, with persistent pressure on shorts to pay fees. Although the 1H MACD shows a death cross, it stays above the zero line, indicating a strong correction phase. Coupled with unusually resilient buy depth, this position appears more like bulls cleaning out weak hands rather than a trend reversal. After a narrow, low-volume consolidation, a breakout above the 2378 1H Bollinger upper band with increased volume could trigger a rapid market move.

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