$ETH Signal】Pullback with 1H momentum continuation


$ETH Recently, the 1H MACD histogram has been enlarging for four consecutive bars, indicating sustained bullish momentum. The upper band of the Bollinger Bands at 2413 is slightly under pressure, but the 4H channel remains open upward. The buy/sell order depth ratio is 0.62, with slight selling pressure but clear support from funds.
🎯Direction: Long (Pullback entry)
⚡Entry/Order: 2398.04 (Suggested entry zone upper boundary)
🛑Stop loss: 2326.03
🚀Target 1: 2451.59
🚀Target 2: 2493.45
🛡️Trade management: - Execution strategy: Reduce 50% of position upon reaching Target 1, move stop loss to break-even. If price falls back to entry level, automatically exit.
Current price 2410 is above the order level, waiting for a pullback confirmation. Given this risk-reward ratio, patience is more reliable than chasing highs.
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