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【$ETH Signal】Pullback after multiple 1H breakouts confirmed on dip
Buyers' depth surged to 1.79, fully exposing the capital support intention. The 1H MACD continues to expand, but the price has already broken above the Bollinger upper band at 2303, with a short-term divergence that is too large. The 4H MACD histogram has turned positive, indicating a warming trend.
🎯Direction: Long (pullback orders)
⚡Entry/Order: 2286.8
🛑Stop Loss: 2268.5
🚀Target 1: 2323.4
🚀Target 2: 2341.7
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back to the entry level, automatically exit to protect capital.
Depth Logic: After volume increased and then contracted on the 1H, short-term bullish momentum diminishes, but the negative funding rate of -0.0011% and strong buy-side depth suggest solid support below. Wait for the price to dip back to the EMA20 and the middle band of the 1H Bollinger (around 2280-2290) before entering again for a better risk-reward ratio.
Check real-time market 👇 $ETH
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