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$ETH Signal | Pullback on the callback | Confirm after 1H breakout
$ETH Current price at 23:30 is above the entry zone, 1H rebounded from the low of 2296 with two consecutive bullish candles, MACD histogram continues to expand, bullish momentum is clear. The 4H Bollinger Band middle line around 2313 provides support, funding rate at 0.0097% is relatively low, leverage is not overheated. The order book shows sell orders concentrated in the 2325-2330 range, buy depth is relatively weak but the last 1H buy/sell ratio is 0.86, indicating renewed willingness to hold positions.
🎯Direction: Long (pullback entry)
⚡Entry/Order: 2322.47 - 2322.86
🛑Stop loss: 2303.89
🚀Target 1: 2359.63
🚀Target 2: 2378.21
🛡️Trade management: - Execution strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.
Current risk-reward ratio is close to 2, stop loss space is reasonable, worth trying.
View real-time market 👇 $ETH
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