$ETH Signal】1H MACD golden cross, short covering imminent


$ETH 1H MACD histogram turns positive and expands, price is supported by the middle band of Bollinger Bands.
4H buy-side depth imbalance -49.47%, short positions face negative fee squeeze.

Price directly long in the 2292.29 - 2317.77 range, entry near the current price.

🛑Stop loss must be placed above 2346.24.

🚀First target looks to 2260.84.

🚀Second target extends to 2232.38.

🛡️Trade management: - Execution strategy: After reaching the first target, halve the position, and move the remaining stop loss to the breakeven point.
If the price retraces into the entry zone and cannot quickly rebound, exit immediately.

1-hour volume expands during price rebound, active buy orders begin to enter.
Although the 4-hour MACD is overall bearish, the histogram contracts, and downward momentum weakens.
Combined with negative funding rates, the cost of short positions increases, making a technical rebound with a favorable risk-reward ratio.

Check real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#GatePreIPOs首发SpaceX #Gate13周年现场直击 #加密市场小幅下跌
ETH-0.8%
BTC-0.43%
SOL-0.52%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin