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【$ETH Signal】Pullback with multiple entries, 4H bullish continuation
$ETH 4H MACD bullish bars are still expanding, price slightly pulled back after touching the Bollinger upper band at 2370.7.
$ETH
1H MACD death cross with decreasing volume, RSI has fallen from overbought to 60, indicating a short-term correction is needed.
$BTC Order book depth is unbalanced, Bid/Ask Ratio is only 0.33, liquidity at high levels is relatively thin.
$ETH The 2329-2350 zone is a previous area of high trading density and also the suggested entry zone’s lower boundary, with clear signs of capital support.
🎯Direction: Long (pullback orders)
⚡Entry/Orders: 2329.50 - 2358.97 (suggest placing orders in the 2329.50-2340 range)
🛑Stop Loss: 2301.58
🚀Target 1: 2385.36
🚀Target 2: 2413.28
🛡️Trade Management: - Execution strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven.
If the price falls back into the entry zone, automatically exit to protect capital.
The 4H trend is relatively strong, but the 1H divergence signal suggests limited short-term chasing opportunities.
Risk-reward ratio is about 1:2.5; if the selling pressure can be absorbed, upside potential is promising.
Stay calm, avoid chasing the rally, just wait for a pullback confirmation.
Check real-time market 👇 $SOL ---
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