$ETH Signal】Pullback with multiple support plays under negative fee rate


$ETH Deep imbalance -45.6%, selling pressure dominates. 1H MACD histogram continues to contract, bullish momentum diminishes. 4H Bollinger Bands middle band at 2352 still provides support, but price near the upper band at 2388 creates resistance. Negative fee rate -0.0098%, open interest shows no growth, short squeeze momentum is insufficient.

🎯Direction: Long (pullback with a buy trigger)

⚡Entry/Order placement: Place buy orders in the 2357.91 - 2365.82 range

🛑Stop loss: 2319.63

🚀Target 1: 2434.46

🚀Target 2: 2472.73

🛡️Trade management: Reduce position by half upon reaching Target 1, move stop loss to break-even. If price rebounds and falls below the lower boundary of the entry zone, cancel the order.

Depth logic: Currently liquidity is exhausted, sell orders are stacked but price has not dropped sharply, indicating hidden buy orders below. Risk-reward ratio approximately 1.49, worth a shot.

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