【$ETH Signal】Pullback confirmation, 1H level energy buildup awaiting launch

$ETH The 1H MACD histogram continues to weaken, with fast and slow lines diverging below the zero line, indicating ongoing bearish momentum. The middle band of the 4H Bollinger Bands around 2333 forms the first line of defense, but buying depth imbalance reaches -67.15%, with significant selling pressure. The 1-hour candlestick closes consecutively below EMA20 and EMA50, indicating a short-term bearish structure.

🎯Direction: Watchful (waiting for a pullback to go long)

⚡Entry/Order placement: Batching in the 2356.16 - 2375.14 range

🛑Stop loss: 2316.31

🚀Target 1: 2435.86

🚀Target 2: 2475.70

🛡️Trade management: - Execution strategy: Increase position size when price touches the lower boundary of the range. After reaching Target 1, halve the position, and move the remaining stop loss up to the entry price. If the price cannot hold above 2375, consider abandoning this setup.

Although the 4H MACD shows a bullish arrangement, the histogram is contracting, indicating slowing upward momentum. The current price is near the lower band of the 1H Bollinger Bands, suggesting a technical rebound is needed. Combined with a funding rate of 0.0095% not at an extreme level, the market has not formed a one-sided short squeeze expectation and is more likely to consolidate sideways. This risk-reward setup is worth a try, with patience key at the entry point.

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